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This quarter system was adopted by the oldest universities in the English-speaking world (Oxford, founded circa 1096, [1] and Cambridge, founded circa 1209 [2]). Over time, Cambridge dropped Trinity Term and renamed Hilary Term to Lent Term, and Oxford also dropped the original Trinity Term and renamed Easter Term as Trinity Term, thus establishing the three-term academic "quarter" year widely ...
Q1: The first quarter is during January, February and March. To be precise, this calendar quarter is from Jan. 1 through March 31. This is when the fiscal year starts unless otherwise indicated by ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Academic quarter only applies to time given in full hours, and the academic quarter can be removed by saying that the time is "on the dot" by adding the word "dot" ("prick" in Swedish) or an actual ".". E.g. 10 dot is 10:00. The dot removes one academic quarter, so in the evening time "on the dot" is written "dot dot" to remove both quarters.
The green gross domestic product (green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change. Some environmental experts prefer physical indicators (such as " waste ...
Country foreign exchange reserves minus external debt. In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world.
In economics, a price mechanism is the manner in which the profits of goods or services affects the supply and demand of goods and services, principally by the price elasticity of demand. A price mechanism affects both buyer and seller who negotiate prices. A price mechanism, part of a market system, comprises various ways to match up buyers ...
Quarter-on-quarter or quarter-over-quarter, abbreviated as QOQ is a term of art in accounting, finance and economics. It may refer to a comparison of data in the current quarter to the same data in the previous quarter. [1][2][3][4] For example, if the volume of sales was 105 units in 2019Q2, 100 units in 2020Q1, and 102 units in 2020Q2, then ...