- friction-free market
- Gen Mgta market in which there is little differentiation between competing products, so that the customer has exceptional choice
The ultimate business dictionary. 2015.
The ultimate business dictionary. 2015.
friction-free capitalism — n. An extremely efficient market in which buyers and sellers can find each other easily, can interact directly, and can perform transactions with only minimal overhead costs. Example Citations: We have waited a long time for broad based… … New words
friction-free capitalism — A term coined by the US founder of Microsoft, Bill Gates (1955 ), to refer to the enhanced efficiency of markets resulting from the widespread use of the Internet; this is held to have abolished such traditional market imperfections as physical… … Big dictionary of business and management
Market-Leninism — n. An economic system that combines aspects of both capitalism and communism. Example Citations: Consider a country like China, which has made a transition from Marxism Leninism to what an observer brilliantly called Market Leninism. Asad Latif,… … New words
Dref Friction Spinning — Friction Spinning or Dref Spinning is a textile technology that allows very heavy count yarns and technical core wrapped yarns to be manufactured. These are most commonly used in mop yarns, flame retardants and high tech fancy yarns such as… … Wikipedia
Complete market — In economics, a complete market (or complete system of markets) is one in which the complete set of possible gambles on future states of the world can be constructed with existing assets without friction. Every agent is able to exchange every… … Wikipedia
Detroit Free Press — ▪ American newspaper daily newspaper, one of the most widely circulated in the United States, published in Detroit, Michigan. Founded by Sheldon McKnight, The Democratic Free Press and Michigan Intelligencer was first published in… … Universalium
France — /frans, frahns/; Fr. /frddahonns/, n. 1. Anatole /ann nann tawl /, (Jacques Anatole Thibault), 1844 1924, French novelist and essayist: Nobel prize 1921. 2. a republic in W Europe. 58,470,421; 212,736 sq. mi. (550,985 sq. km). Cap.: Paris. 3.… … Universalium
United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… … Universalium
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… … Universalium
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium