Business Cycle

What is the ‘Business Cycle’ The business cycle describes the rise and fall in production output of goods and services in an economy. Business cycles are generally measured using rise and fall in real – inflation-adjusted – gross domestic product (GDP), which includes output from the household and nonprofit sector…

S&P/Case-Shiller Home Price Indexes

What are the ‘S&P/Case-Shiller Home Price Indexes’ The S&P/Case-Shiller Home Price Indexes, also known as simply the Case-Shiller Home Price Indexes, are a group of indexes that track changes in home prices throughout the United States. The indexes are based on a constant level of data on properties that…

Confederate Dollar (CSD)

What is the ‘Confederate Dollar (CSD)’ The Confederate dollar (CSD), or Confederate States of America dollar, was currency issued by the Confederate States of America. The notes begin circulation before the start of the American Civil War and were used to finance the war. As the prospects of the Confederacy…

Futures Contract

What is a ‘Futures Contract’ A futures contract is a legal agreement to buy or sell a particular commodity or asst at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange. The buyer…