Advertising

Purchasing power parity

• The notion that the ratio between domestic and foreign price levels should equal the equilibrium exchange rate between domestic and foreign currencies.

 
 Embedded terms in definition
 Exchange rate
Exchange
Foreign
 
 Related Terms
 Buying power
Conversion parity price
Debt service parity approach
Earning power
Interest rate parity theorem
Parity
Parity value
Power cap
Power grid
Power of attorney
Purchasing power risk
Put call parity relationship
Relative purchasing power parity
Spot futures parity theorem

<< Purchased put Purchasing power risk >>

Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

Anyone who has never made a mistake has never tried anything new. - Albert Einstein

Advertising



Copyright 2009-2018 GVC. All rights reserved.