Monday, March 23, 2015

According to the Marxist theory superprofit is the surplus profit above average profit. The economic literature describes it as a surplus profit that was gained above capital gains in a perfect competition. It's nature is temporary since it is the result of special circumstances. Others think that the term is nonsensical since a capitalist always pursues as much profit as possible.

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Thursday, December 04, 2014

The word embargo came from the Spanish embargar which means to stop, prevent or hold back. In international relations it is a detrimental and special (not applied in normal trading practice) measure that has an intentionally punitive characteristic.

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Tags: olls, taxes, special, tools, monetary, government, investor, loan, finance

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Thursday, December 04, 2014

Franchising is the practice of using another firm's successful business model. The word 'franchise' is of Anglo-French derivation - from franc - meaning free, and is used both as a noun and as a (transitive) verb.

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Tags: franchise, french, english, word, hungarian

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Thursday, December 04, 2014

In economics, capital goods, real capital, or capital assets are already-produced durable goods or any non-financial asset that is used in production of goods or services

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Tags: capital, free, market, asset, economy

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