Search results
Results from the WOW.Com Content Network
Physical capital represents in economics one of the three primary factors of production. Physical capital is the apparatus used to produce a good and services. Physical capital represents the tangible man-made goods that help and support the production. Inventory, cash, equipment or real estate are all examples of physical capital.
variable capital, which refers to labor-inputs, where the cost is "variable" based on the amount of wages and salaries paid during an employee's contract/employment, fictitious capital , which refers to intangible representations or abstractions of physical capital, such as stocks, bonds and securities (or "tradable paper claims to wealth ")
where = the present value of the discrete income at time <, and %.. is the continuously compounded dividend yield over the life of the contract. The intuition is that when an asset pays income, there is a benefit to holding the asset rather than the forward because you get to receive this income.
Fractional crystallization, or crystal fractionation, is one of the most important geochemical and physical processes operating within crust and mantle of a rocky planetary body, such as the Earth. It is important in the formation of igneous rocks because it is one of the main processes of magmatic differentiation . [ 1 ]
Crystallization is a process that leads to solids with highly organized atoms or molecules, i.e. a crystal.The ordered nature of a crystalline solid can be contrasted with amorphous solids in which atoms or molecules lack regular organization.
In Capital Volume 3, which he drafted before Volume I, Marx shows he was well aware of this. He distinguished not only between "real capital" (physical, tangible capital assets) and "money capital", [113] but also noted the existence of "fictitious capital" [114] and pseudo-commodities that strictly speaking have only symbolic value. [115]
Financial instruments are monetary contracts between parties. They can be created, traded, modified and settled. They can be cash (currency), evidence of an ownership, interest in an entity or a contractual right to receive or deliver in the form of currency (forex); debt (bonds, loans); equity (); or derivatives (options, futures, forwards).
Meier Kohn (1994) "Value and Exchange," Cato Journal, 24(3). pp. 303–317 on Value and Capital vis-á-vis Paul A. Samuelson (1947), Foundations of Economic Analysis. Lionel W. McKenzie and Stefano Zannigli, ed. (1991). Value and Capital Fifty Years Later, including Roy Radner, "Intertemporal General Equilibrium,", pp. 427–460. Proceedings of ...