Related Words

Competitive Exclusion: Competition between species that is so intense that one species completely eliminates the second species from the area.

Mutual Exclusion Doctrine: The tenet that rules municipal bond interest is federal tax-free. In return for this federal tax exemption, states and localities cannot tax interest generated by federal government securities.

Income Exclusion Rule: Any payout to mutual fund shareholders resulting from interest, dividends, or other income.

Exclusions: Medical services that are not covered by an individual's insurance policy.

Exclusionary Self-Tender: Federal or state tax placed on the sale or manufacture of a commodity, typically a luxury item e.g., alcohol.

Exclusionary Zoning: Zoning that excludes stated uses.

National Research Initiative Competitive Grants Program (NRI): Generally referred to as the NRI, this program makes grants to scientists at both public and private laboratories for basic and applied agricultural research in priority areas as designated . . . View Full Definition

Noncompetitive Bid: Investors who can't or don't wish to meet the minimum purchase requirements for competitive bidding on Treasury bills or notes may enter a noncompetitive bid. You can invest as little as $1, . . . View Full Definition

Registered Competitive Market Maker: An NASD-registered dealer who acts as a market maker for a designated over-the-counter stock by buying and selling that stock to maintain stability.

Perfectly Competitive Financial Markets: Markets in which no trader has the power to change the price of goods or services. Perfect capital markets are characterized by certain conditions: (1) Trading is costless, and access to the . . . View Full Definition