Business / Finance / Deregulation: Period when excess aggregate supply overwhelms aggregate demand, resulting in falling prices, unemployment problems, and economic contraction.

Depository Institutions Deregulation And Monetary Control Act

Business / Finance / Depository Institutions Deregulation And Monetary Control Act: Acceptance of a capital budgeting project contingent on the acceptance of another project. MORE

Commission Broker

Business / Finance / Commission Broker: The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower MORE

Competitive Local Exchange Carrier (CLEC)

Technology / Cell Phones / Competitive Local Exchange Carrier (CLEC): Any telephone company that offers service in a specific area. Now that the industry has been deregulated, several companies may offer service in a single area. New ones entering a market are Competiti MORE