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Stage Of Production
Categories: Economics,
The classification of goods and services according to their position in the chain of production, but allowing for the multi-function nature of products. Unlike the classification by stage of processing, a product is allocated to each stage to which it contributes and not assigned solely to one stage. goods and services are classified as primary products and/or intermediate products and/or finished products.
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Definition / Meaning of
Fall
Categories: Banking,
nouna sudden reduction or loss of value Examplesa fall in the exchange rate • a fall in the price of gold • a fall on the stock exchange • Profits showed a 10 per cent fall.verbto be reduced suddenly to a lower price or value ExamplesShares fell on the market today. • Gold shares fell 10 per cent or fell 45 cents on the stock exchange. • The price of gold fell for the second day running. • The pound fell against the euro.to happen or to take place ExampleThe public holiday falls on a Tuesday.Usagepayments which fall duepayments which are now due to be made"...market analysts described the falls in the second half of last week as a technical correction to the market" [Australian Financial Review]"...for the first time since mortgage rates began falling in March a financial institution has raised charges on homeowner loans" [Globe and Mail (Toronto)]"...interest rates were still falling as late as June, and underlying inflation remains below the government's target of 2.5 per cent" [financial times]
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