Archives: Terms

Definition of Racial Discrimination Racial discrimination refers to any biased or prejudiced treatment of individuals based on their race or ethnicity. This can manifest in various forms including, but not limited to, unequal treatment in employment, education, housing, and access to services. Racial discrimination encompasses actions ranging from direct behaviors […]

Definition of R-squared R-squared, also known as the coefficient of determination, is a statistical measure that represents the proportion of the variance for a dependent variable that’s explained by an independent variable or variables in a regression model. Essentially, it indicates how well data fit a statistical model. Example Consider […]

Definition of R&D Research and Development (R&D) is the process through which companies, institutions, or governments invest in the creation and improvement of products, services, processes, or technologies. It involves systematic investigation and study in various fields to innovate and provide new solutions or enhance existing offerings. R&D activities play […]

Definition of Quoted Company A quoted company, also known as a publicly traded company, is a business entity whose shares are listed on a public stock exchange and can be bought and sold by the public. This type of company is subject to stringent regulatory requirements imposed by securities authorities […]

Definition of Quote-Driven Market A quote-driven market, also known as a dealer market, is a type of financial market in which transactions occur based on prices quoted by market makers or dealers. In this market structure, dealers or market makers provide liquidity by quoting buy (bid) and sell (ask) prices […]

Definition of Quotation A quotation, in economic terms, refers to the statement of the current market price of a security or commodity. It essentially represents the latest bid and ask prices at which a buyer is willing to buy and a seller is willing to sell. Quotations can also include […]

Definition of Quota Sample Quota sampling is a non-probability sampling technique wherein the researcher selects participants based on specific characteristics or qualities to ensure that the final sample reflects certain attributes of the population. Instead of random selection, participants are chosen to fill quotas based on pre-determined proportions of various […]

Definition of Quota A quota is a limit imposed on the quantity of goods that a country can import or export during a particular period of time. This economic tool is often used to protect domestic industries from foreign competition, manage trade relationships, or control the supply levels of certain […]

Definition of Quota (IMF) The term “quota” in the context of the International Monetary Fund (IMF) refers to the financial contributions made by member countries to fund the organization’s operations. These quotas are not just financial commitments; they also determine a country’s voting power within the IMF and its access […]

Definition of Quits Quits refer to the voluntary separation of an employee from their job, typically through resignation or retirement. Unlike layoffs or terminations initiated by the employer, quits are employee-driven. Employees may choose to quit their jobs for various reasons, including seeking better opportunities, dissatisfaction with their current role, […]