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  2. 13 common bank fees you shouldn't be paying — and how to ...

    www.aol.com/finance/avoid-common-bank-fees...

    11. Inactivity fees. 💵 Typical cost: $5 per month. If you don't use your bank account for six to 12 months, your bank might start charging you an inactivity fee — sometimes called a dormancy fee.

  3. Annual percentage rate - Wikipedia

    en.wikipedia.org/wiki/Annual_percentage_rate

    For the purposes of this calculation, a year is presumed to have 365 days (366 days for leap years), 52 weeks or 12 equal months. As per the standard: "An equal month is presumed to have 30.41666 days (i.e. 365/12) regardless of whether or not it is a leap year." The result is to be expressed to at least one decimal place.

  4. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    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 ...

  5. Economic activity rate - Wikipedia

    en.wikipedia.org/wiki/Economic_activity_rate

    Economic activity rate, EAR (or labor force participation rate, LFPR), is the percentage of the population, both employed and unemployed, [1] that constitutes the workforce, regardless of whether they are currently employed or job searching.

  6. Economics terminology that differs from common usage

    en.wikipedia.org/wiki/Economics_terminology_that...

    Economists commonly use the term recession to mean either a period of two successive calendar quarters each having negative growth [clarification needed] of real gross domestic product [1] [2] [3] —that is, of the total amount of goods and services produced within a country—or that provided by the National Bureau of Economic Research (NBER): "...a significant decline in economic activity ...

  7. 11 pesky bank fees and how to avoid them - AOL

    www.aol.com/finance/11-pesky-bank-fees-avoid...

    For those that do, the fee can range anywhere from $5 to $20, and the amount of time that must pass before the fee is charged is typically between a few months and a year. How to avoid this fee ...

  8. Fee - Wikipedia

    en.wikipedia.org/wiki/Fee

    Fee slips for a university college. A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead, wages, costs, and markup.Traditionally, professionals in the United Kingdom (and previously the Republic of Ireland) receive a fee in contradistinction to a payment, salary, or wage, and often use guineas rather than pounds as units of account.

  9. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).