Meaning PRICE-SPECIE FLOW MECHANISM: Adjustment mechanism under the classic gold standard allowing disturbances in the price level in one country to be wholly or partly offset by a countervailing flow of specie (gold coins) that would act to equalize prices across countries and automatically bring international payments into balance
More terms such as Price-specie flow mechanism in Dictionary P.
- Definition Pure Index Fund:
- Examples A portfolio that is managed so as to perfectly replicate the performance of the market portfolio price-specie flow mechanism definition.
- Definition Par Bond:
- Examples A bond trading at its face value price-specie flow mechanism explain.
- Definition Personal Tax View (Of Capital Structure):
- Examples The argument that the difference in personal tax rates between income from debt and income from equity eliminates the disadvantage of the double taxation (corporate and personal) of income from equity price-specie flow mechanism what is.
- Definition Price Risk:
- Examples value of a security (or a portfolio) will decline in the future. Or, a type of mortgage pipeline risk created in the production segment when loan terms are set for the borrower in advance of setting price-specie flow mechanism meaning.
- Definition Pure Expectations Theory:
- Examples asserts that forward rates exclusively represent the expected future rates. In other words, the entire term structure reflects the market's expectations of future short-term rates. For example price-specie flow mechanism abbreviation.
