Choose from 83 different sets of mergers economics flashcards on quizlet. A merger can enable a firm to increase in size and gain from many of these factors. Dictionary of business and economics terms barrons business dictionaries friedman ph. There are strange words, like oligopsony, and words that are familiar but have different meanings to economists, like elasticity. Merger control by conducting economic analysis broadly falls into two main categories. Learn vocabulary, terms, and more with flashcards, games, and other study tools. A business combination gets complex not only with the legal issues but also with the type of a merger. Some economic models in the field of behavioural economics assume that selfinterested individuals behave altruistically because they get some benefit, or utility, from doing so. Basic economic terms used in india list of important concepts. A merger is a combination of two previously separate firms which is achieved by forming a completely new business into which the two original firms are integrated.
Cogeneric merger is when the companies undergoing merger operate in the same or related industry. Complete economics dictionary complete economics dictionary a. Business leader uk blackouts raise questions over private sector. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. An authoritative and comprehensive dictionary containing 2,500 key economic terms with clear, concise definitions. Dec 03, 2019 a merger can enable a firm to increase in size and gain from many of these factors. The word economics has originated from a greek word oikonomikos, which can. The amount which is available if the assets of the business are sold off and converted to cash. Business, economics vocabulary, business, economics word. There are several types of mergers and also several reasons why companies complete mergers. Budget surplus this financial situation occurs if a government plans to spend more than it forecasts to earn in tax revenues over the financial year.
Business, finance and economics vocabulary, business. An economic resource that is expected to be of benefit in the future. A merger is an agreement that unites two existing companies into one new company. A statutory merger is one in which all the assets and liabilities of the smaller company is acquired by the bigger acquiring company.
In a conglomerate merger, two or more companies operating in different business lines combine under one flagship company. In exante analysis, economic researchers try to evaluate possible anticompetitive effects of a proposed merger prudentially either by creating or strengthening a dominant. Gross income reduced by business and other specified expenses of individual taxpayers. This is further divided into, managerial conglomerate, financial conglomerate and concentric conglomerate. Investopedias comprehensive financial terms dictionary with over 00 finance and investment definitions. In a pooling of interests, two entities merge through an exchange of. Important terms and phrases in mergers and acquisitions. Barrons revised and expanded dictionary of business and economics terms includes 8,000 terms, including 150 new words specifically relating to finance and economics. Fiscal policy refers to the policies framed by the government in order to regulate taxation and for allocation of budgets to various departments for their functioning. Horizontal integration occurs when two businesses in the same industry at the same stage of production become one for example a merger between two car manufacturers or drinks suppliers.
For example, the 2010 horizontal merger guidelines of the u. As a result, the smaller target company loses its existence as a separate entity. Dictionary of business and economics terms barrons business. An acquirer may pay a premium to target in this case. The long run average cost curve lraca typical long run cost curve is u shaped because of the impact of economies and diseconomies of scale. Whether it is an explanation of how firms work, or people vote, or customers buy, or governments subsidise, economists have examined evidence and produced theories which. Dictionary of business and economics terms barrons.
Business and economics synonyms, business and economics pronunciation, business and economics translation, english dictionary definition of business and economics. Using vocabulary in business and economics university of. The merger shall become binding on each of the credit unions on the effective date. Note, a vertical merger would have less potential economies of scale than a horizontal merger e. Mergers and acquisitions edinburgh business school ix preface an understanding of mergers and acquisitions as a discipline is increasingly important in modern business. Voluntary amalgamation of two firms on roughly equal terms into one new legal entity. A merger deficit can occur when a company takes the funds that it raised in new stock offerings to buy the stock of another company.
Wright, director of the thomas willing institute for the study of financial markets, institutions, and regulations and the nef family chair of political economy, augustana college sd this work is not ed. Learn mergers economics with free interactive flashcards. A glance at any business newspaper or business news web page will indicate that mergers and acquisitions are big business and are taking place all the time. A situation where the total value of share capital that is used to purchase another company is less than the total value of the equity that is being purchased. A form of corporation, allowed by the irs for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership. It covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, environmental economics, and many others. Coates iv1 the core goal of corporate law and governance is to improve outcomes for participants in businesses organized as corporations, and for society, relative to what could be achieved. This pocketsized guide is a helpful reference for business students, business managers, and general readers seeking advice and information on specific business subjects. Glossary of business terms a to z business the guardian. Owners of each pre merger firm continue as owners, and the resources of the merging entities are pooled for the benefit of the new entity.
In other words, two or more companies are consolidated into one company. Accounting terminology guide over 1,000 accounting and. A merger can be seen as a decision made by two businesses that are broadly equal in terms of factors such as size, scale of operations, customers etc. This glossary of economics is a list of definitions of terms and concepts used in economics, its subdisciplines, and related fields. Other good vocabulary sources include course and subject outlines. A type of retirement plan which is sponsored by an employer and in which the employer may match a portion of the employees contributions. It is expressly stated by the parties hereto that this merger agreement is being carried out under the terms and provisions of k. Business, finance and economics vocabulary, business, finance. In order to be such a professional, you need to sound and act like one a practitioner who can express themselves articulately to peers.
Mergers and acquisitions edinburgh business school. Introduction to mergers and acquisitions 5 a horizontal merger horizontal mergers occur when two companies sell similar products to the same markets. Horizontal mergers occur when two businesses in the same industry combine into. Mergers are effected by exchange of the pre merger stock shares for the stock of the new firm. Combine, syndicate, pool, conference, ring, a confedera. Merger analysis is a field in which economic theory is systematically applied, dayin, dayout. Pdf dictionary of business and economics terms download. The use of economics in competition law 2005, jan 27, brussels the views expressed herein are not purported to reflect those of the federal trade commission, nor any of its commissioners. To see more finance, business, economics and leadership vocabulary word lists, please go to the home page for word games, interactive word games, word puzzles and themed content that align with common core standards. If values1,2,3,4, then merger of 3,4 reduces winning bid from 3 to 2.
Basic economic terms used in india list of important. Economics structures the definition of the relevant market, and then economics drives the evaluation of the likely competitive effect of the merger. What should be the terms and conditions for merger and. Growth of firmsthe long run for a single firm is entered when it uses more fixed and variable factors to increase its scale of production. A smart business merger can help you enter a new market, reach more customers, freeze out a competitor or fill a gap in your companys abilities. Apr 27, 2019 business economics is a field of applied economics that studies the financial, organizational, marketrelated, and environmental issues faced by corporations. Dictionary of business and economics terms barrons business dictionaries.
Complete economics dictionary complete economics dictionary. The economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them. Definitions, motives, and market responses chapter pdf available november 20 with 15,280 reads how we measure reads. Differs from a consolidation in that no new entity is created from a merger. The goal of a horizontal merger is to create a new, larger organization with more market share. Fdi which is a direct investment into the country from an entity in another country, either by setting up a new company or by way of a merger, acquisition etc. Adam davidson, an american journalist who focuses on businesseconomics for national public radio, cofounder of nprs planet money program, and former economic columnist for the new york times magazine, once said. Using vocabulary in business and economics as a business and economics student, it is important you see yourself as a developing professional in your particular discipline. However, in a vertical merger, there could still be financial and riskbearing economies. When you see a merger between two giants in a declining industry, it can look like the financial version of a couple having a.
Types, regulation, and patterns of practice john c. Glossary of important business, economic, and financial history terms by robert e. Complete economics dictionary to earn in tax revenues over the financial year. The mergers can be classified as follows on the basis of forms of integration. The reader is invited, after having found the expres. Merger is the fusion of two or more companies or merger is a combination of two or more companies into a single company where, it survives and others lose their corporate identity. A merger is a financial activity that is undertaken in a large variety of industries. A merger can vary according to the way companies come together or their economic functions. Mergers are effected by exchange of the premerger stock shares for the stock of the new firm. Mergers definition entrepreneur small business encyclopedia.
The survivor acquires the assets and liabilities of the rest. The primary tools used by the government along with its agencies, to regulate the financial system can be classified as i fiscal and ii monetary policy tools. Expand vocabulary relevant for your studies in business and economics. Dictionary of financial, economic, and business terms. Nike and umbro tata buying jaguar land rover from ford motors iberia and ba. Whether it is an explanation of how firms work, or people vote, or customers buy, or governments subsidise, economists have examined evidence and produced theories which can be checked against practice. In a sense, every university class is a foreign language class. An actual budget deficit occurs if actual public spending exceeds actual tax revenues. Owners of each premerger firm continue as owners, and the resources of the merging entities are pooled for the benefit of the new entity.
A debtor, as the term suggests, is someone who is in debt to you. By the adoption of this merger agreement by the shareholders of the merging credit union, it. Glossary of business terms a to z handy definitions of financial and economic jargon from libor and quantitave easing to black swans and dead cat bounces published on tue 26 nov 20 18. Business economics is a field of applied economics that studies the financial, organizational, marketrelated, and environmental issues faced by corporations. The contributions are taxdeferred until retirement withdraws occur. A merger is the combination of two companies into one by either closing the old entities into one new entity or by one company absorbing the other. Economics is the basis of our daily lives, even if we do not always realise it. When you do business with people you would be better off avoiding. The fundamentals of strategic logic and integration for. Business, economics vocabulary, business, economics word list. The nysscpa has prepared a glossary of accounting terms for accountants and.
Business and career 304 business, finance and economics 571 counterfeiting 207 entrepreneurship 312 finance 303 food banks 66 harvest 60 hospitality 2 job choices 147 job skills 104 legal terms 359 money terms commonly used 216 plagiarism 129 sommelier 295 stock market 230 stock market game 230 technology terms. A merger of a target company with an aim of strategic holding over a longer term. The combining of two or more entities into one, through a purchase acquisition or a pooling of interests. The total demand for final or enduse goods and services within an economy. Glossary of business terms adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. Dictionary of economic terms edited by edward robert raupp and danna vance.
700 1007 1117 568 93 1437 1383 364 85 855 590 910 332 991 975 70 1660 531 1525 712 864 1046 939 913 1238 157 287 1254 648 940 367 1157 1073 743 1465 375 507