Base Period Price: The average price for an item in a specified time period used as a base for an index - such as 1910-14, 1957-59, 1967, 1977, or 1982. Time series of data are often deflated to a base period price. Such deflated time series are referred to as constant dollar values (versus nominal dollar values).

 

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Base Period Price: The average price for an item in a specified time period used as a base for an index - such as 1910-14, 1957-59, 1967, 1977, or 1982. Time series of data are often deflated to a base period . . . View Full Definition

Price: Reported to be a V.labrusca variety derived from a (Hector x Seibel 13035) x (Fredonia x Athens) complex cross. Hardier (frost resistant to -25 F ie. -32 C) than Concord it also ripens (ie. . . . View Full Definition

Posted County Price (PCP): This price is calculated for wheat and feed grains for each county by the Farm Service Agency. The PCP reflects changes in prices in major terminal grain markets (of which there are 18 in th . . . View Full Definition

Plan Period: Another term for Forecast Period.

Price Change: Increase or decrease in the closing price of a security compared to the previous day's closing price.

Physiologically Based Pharmacokinetic Model (PBPK Model): A computer model that describes what happens to a chemical in the body. This model describes how the chemical gets into the body, where it goes in the body, how it is changed by the body, an . . . View Full Definition

Price Compression: The limitation of the price appreciation potential for a callable bond in a declining interest rate environment, based on the expectation that the bond will be redeemed at the call price.

Price Elasticity Of Demand: The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large . . . View Full Definition

Price Elasticities: The percentage change in quantity divided by a percentage change in the price. Answers the question: How much will the demand for my product decrease if I raise prices by 10%?

Price Discovery Process: The process of determining the prices of assets in the marketplace through the interactions of buyers and sellers.