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Discretionary Expense Definition, Examples, and Budgeting

Discretionary Expense Definition, Examples, and Budgeting

Posted by By Itho April 30, 2010
[ad_1] What Is a Discretionary Expense? A discretionary expense is a non-essential expense. Discretionary expenses are costs without which businesses or households can survive. As such, they are defined as…
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Declaration Of Trust: Meaning in Estate Planning

Declaration Of Trust: Meaning in Estate Planning

Posted by By Itho April 12, 2010
[ad_1] What Is a Declaration Of Trust? A declaration of trust under U.S. law is a document or an oral statement appointing a trustee to oversee assets being held for…
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What Is a Closed Economy and Why Are There None Today?

What Is a Closed Economy and Why Are There None Today?

Posted by By Itho February 25, 2010
[ad_1] What Is a Closed Economy? A closed economy typically refers to a country that does not trade or engage in other financial exchanges with any other country. That means no…
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Production Externality: Definition, Measuring, and Examples

Production Externality: Definition, Measuring, and Examples

Posted by By Itho August 14, 2009
[ad_1] What Are Production Externalities? Production externality refers to a side effect from an industrial operation, such as a paper mill producing waste that is dumped into a river. Production…
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Key Indicators and Practical Examples

Economic Forecasting: Key Indicators and Practical Examples

Posted by By Itho January 26, 2009
[ad_1]   What Is Economic Forecasting? Economic forecasting is the process of attempting to predict future conditions of the economy using a combination of indicators. Economic forecasting uses statistical models…
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Understanding Excess Cash Flow: Definitions, Formulas, and Examples

Understanding Excess Cash Flow: Definitions, Formulas, and Examples

Posted by By Itho January 26, 2009
[ad_1] What Is Excess Cash Flow? Excess cash flow is the portion of a company's cash flow that is mandated for lender repayment. These repayments stem from loan agreements or…
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