The Nature of Capital And Income
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Negative utility. (Syn. Undesir ability. } Ch. Ill, 2.
Earnings. (See Income, earned. } Exchange. The mutual and voluntary transfer of goods (wealth, property, or services) between two owners, each transfer being in consideration of the other. Ch. I, 4; Ch. II, 3.
Expense. Outgo in the form of money-spending. Ch. VIII, 1.
Flow. The quantity of any specified thing undergoing any speci- fied change during any specified period of time. Ch. IV, 1. Rate of. The ratio of a flow to its duration. Ch. I...V, 1.
Fund. A stock of wealth or property or its value. Ch. IV, 1. Amortization. (See Fund, depreciation. } depreciation. A fund formed by accumulating that part of income which must be turned back into capital to maintain the capital-value intact. It may also be defined as formed from the difference between real income and earnings, when that difference is accumulated.
If the income is uniform and runs only for a fixed term, the depreciation fund may also be defined as formed from a suc- cession of equal payments out of income, such that if each be accumulated at compound interest, the total will be equal to the original capital at the end of the income term.
What to read after The Nature of Capital And Income?
You can find similar books in the "Read Also" column, or choose other free books by Irving Fisher to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Negative utility. (Syn. Undesir ability. } Ch. Ill, 2.
Earnings. (See Income, earned. } Exchange. The mutual and voluntary transfer of goods (wealth, property, or services) between two owners, each transfer being in consideration of the other. Ch. I, 4; Ch. II, 3.
Expense. Outgo in the form of money-spending. Ch. VIII, 1.
Flow. The quantity of any specified thing undergoing any speci- fied change during any specified period of time. Ch. IV, 1. Rate of. The ratio of a flow to its duration. Ch. I...V, 1.
Fund. A stock of wealth or property or its value. Ch. IV, 1. Amortization. (See Fund, depreciation. } depreciation. A fund formed by accumulating that part of income which must be turned back into capital to maintain the capital-value intact. It may also be defined as formed from the difference between real income and earnings, when that difference is accumulated.
If the income is uniform and runs only for a fixed term, the depreciation fund may also be defined as formed from a suc- cession of equal payments out of income, such that if each be accumulated at compound interest, the total will be equal to the original capital at the end of the income term.
What to read after The Nature of Capital And Income?
You can find similar books in the "Read Also" column, or choose other free books by Irving Fisher to read onlineMoreLess
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