Home > Glossary > Tequila Effect

Meaning / Definition of

Tequila Effect

Categories: Global, Economics,

Also known as "Mexican Shock", this informal term refers to the effects on South American markets arising from the Mexican economic crisis of 1994. This crisis was caused by an unexpected devaluation of the peso, and caused several South American currencies to be devalued as well.

Featured term of the day

Definition / Meaning of

Margin Clause

Categories: Insurance,

removed

Most popular terms

1. Systematic Withdrawal
2. Retaliation Claims
3. Price-to-earnings Ratio (P/E)
4. Auction Rate Security (ARS)
5. Highest And Best Use
6. Personal Profit Exclusion
7. Custodial Account
8. Use In Commerce
9. Sublimit
10. Use-based Application