A protocol for putting data on a tape. All IBM mainframes use EBCDIC. Most others use ASCII.

A form of operating profit. Stands for Earnings Before Interest and Tax.

A measure of company earnings that excludes interest, taxes, and amortization. EBITA is an acronym for “earnings before interest, taxes, […]

Another form of operating profit. Stands for Earnings Before Interest, Tax, Depreciation and Amortisation and is a measure of a […]

Accountability achieved by economic processes, notably competition among firms or other entities in which failure to take account of those […]

The out-of-pocket cost of an action, plus the opportunity cost.

This is the term used to describe an increase in the amount of goods and services produced by the county, […]

A firm’s revenue minus its total costs (including the opportunity cost of capital).

A payment or other benefit received above and beyond what the individual would have received in his or her next […]

A way of organizing the economy that is distinctive in its basic institutions. Economic systems of the past and present […]