Classical Economics Definition

Classical Economics Definition

What Is Classical Economics? Classical economics is a broad term that refers to the dominant school of thought for economics in the 18th and 19th centuries. Most consider Scottish economist Adam Smith the progenitor of classical economic theory. However, Spanish scholastics and French physiocrats made earlier contributions. Other notable contributors to classical economics include David Ricardo, Thomas Malthus

Categorised Board Definition

Categorised Board Definition

What Is a Classified Board? A classified board is a structure for a company’s board of directors (BOD) in which some directors serve for different term lengths, typically of between one and eight years, depending on their particular classification. Under a classified system, longer terms often awarded to more senior board positions (i.e., the chair

Categorised Insurance plans

Categorised Insurance plans

What Is Classified Insurance Classified insurance is coverage provided to a policyholder that is considered more risky and thus less desirable to the insurer. Classified insurance, also known as substandard insurance, is most commonly associated with life insurance. Key Takeaways Classified insurance is coverage provided to a policyholder that is considered more risky and thus less desirable

Clean Price Definition

Clean Price Definition

What Is the Clean Price? The clean price is the price of a coupon bond not including accrued interest payments. The clean price is typically the quoted price on financial news sites. This price does not include any interest accrued between the scheduled coupon payments for the bond. The opposite of a clean price is