meaning of trade-off
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Definition of 'trade off' A trade-off is a situation where you make a compromise between two things, or where you exchange all or part of one thing for another. ...the trade-off between inflation and unemployment. American English: trade-off
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Flashcard Machine -create, study and share online flash cards Trade off between consumption goods and capital goods. Definition. If we use more resources to make capital goods today then we can have more consumption goods in the future. The trade off is that making more capital goods today means giving up consumption goods today.
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restraint of trade restraint of trade. 1. Legal contract between a buyer and a seller of a business, or between an employer and employee, that prevents the seller or employee from engaging in a similar business within a specified geographical area and within a specified period.
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- Definition of HOLD OFF. transitive verb. 1. : to block from an objective: delay. 2. 3. : to fight to a standoff: withstand. intransitive verb. : to defer or temporarily stop doing something. See hold off defined for kids.
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- Write Off. Definition: A write off is a reduction in the recorded amount of an asset. A write off occurs upon the realization that an asset no longer can be converted into cash, can provide no further use to a business, or has no market value. write off occurs upon the realization that an asset no longer can be converted into cash, can provide no further use to a business, or has no market value.
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trade surplus Definition of trade surplus. finance. : a situation in which a country sells more to other countries than it buys from other countries : the amount of money by which a country's exports are greater than its imports.
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Balance of trade The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain period. Sometimes a distinction is made between a balance of trade for goods versus one for services.
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What is Trade? Meaning and Nature - Different Types of Trade 2. External Trade. External trade also called as Foreign trade. It refers to buying and selling between two or more countries. For instance, If Mr.X who is a trader from Mumbai, sells his goods to Mr.Y another trader from New York then this is an example of foreign trade.
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Trade Discount Definition: Trade Discount A trade discount is the amount by which a product manufacturer reduces the retail price of that product when it sells to a reseller (distributor or wholesaler), rather than selling the product to the end customer.
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BOT To transfer responsibility for a project from one party to another. 2. Balance of trade. The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit. Analysts disagree on the impact, if any, of the balance of trade on the economy.
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- Define trade discount: a deduction from the list price of goods allowed by a manufacturer or wholesaler to a retailer a deduction from the list price of goods allowed by a manufacturer or wholesaler to a retailer… See the full definition
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What is Trade? Meaning and Nature - Different Types of Trade Trade refers to buying and selling of goods and services for money or money's worth. It involves transfer or exchange of goods and services for money or money's worth. The manufacturers or producer produces the goods, then moves on to the wholesaler, then to retailer and finally to the ultimate consumer.
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Trade-in Allowance Trade-In Allowance. The amount by which the seller reduces the sale price of a property in return for the property of the buyer. This does not affect the buyer's basis in the property purchased.
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Mexican standoff In financial circles, the Mexican standoff is typically used to connote a situation where one side wants something, a concession of some sort, and is offering nothing of value. When the other side sees no value in agreeing to any changes, they refuse to negotiate.
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- Player A and Player B agree a trade for the Bond in return for in game items, currency or as a gift. The Price a bond trades for is entirely up to the players. Once traded, the Bond then becomes untradeable.
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tradeoff An exchange of one thing in return for another, especially relinquishment of one benefit or advantage for another regarded as more desirable: a fundamental trade-off between capitalist prosperity and economic security (David A. Stockman).
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- A standoff refers to types of social conflict or confrontation, e.g., Impasse, two sides negotiating an agreement are unable to reach an agreement and become deadlocked.
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DEFINITION of 'Curb Trading' The Balance Of Trade. The balance of trade is the difference between a country’s imports and exports. A trade deficit occurs when a country buys or imports more goods from other countries than it sells or exports. ...
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- The term 'trade' refer to exchange of goods and services. When trade takes place across the country, it's international trade. Here are some Importance of International Trade : 1) International Trade enables the fuller utilization of resources.
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- Definition of trade agreement. 1 : an international agreement on conditions of trade in goods and services. 2 : an agreement resulting from collective bargaining.
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- 8.1 Time-Cost Trade-Off The objective of the time-cost trade-off analysis is to reduce the original project duration, determined form the critical path analysis, to meet a specific deadline, with the least cost.
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Production possibility frontier: Wikis Points along the curve describe the trade-off between the goods. The sacrifice in the production of the second good is called the opportunity cost (because increasing production of the first good entails losing the opportunity to produce some amount of the second).
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- This kind of problem, referred to as time-cost trade off was recognized by Fulkerson [6] and Kelly [7]. Different heuristical approaches were presented by Siemans [8] and Moselhi and Deb [9]. Metaheuristics such as genetic algorithm were exploited in solving this problem by Feng et al [10] and Chua et al [11].
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What is a 'Trade Surplus' DEFINITION of 'Trade Surplus'. An economic measure of a positive balance of trade, where a country's exports exceeds its imports. A trade surplus represents a net inflow of domestic currency from foreign markets, and is the opposite of a trade deficit, which would represent a net outflow. Next Up.
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Trade Discount 'Trade Discount' Definition: Trade Discount is the reduction in the retail price of products that arises from bulk sales or purchases. Trade discounts are often granted to wholesalers who buy in high volumes.