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Glossary of Economics Terms
beginning with letter I
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index Tweet Definition of index Like Definition of index on Facebook
noun (es, pl2=indices)
  1. An alphabetical listing of items and their location; for example, the index of a book lists words or expressions and the pages of the book upon which they are to be found.
  2. (linguistics) A type of noun where the meaning of the form changes with respect to the context. E.g., 'Today's newspaper' is an indexical form since its referent will differ depending on the context. See also icon and symbol.
  3. The index finger, the forefinger.
  4. (complang) A positive or non-negative integer indicating the location of data within a vector or vector based multidimensional array.
  5. (computing) A key indicating the location of data or an object, e.g. within a database table, associative array, or hash table.
  6. (economics) a single number calculated from an array of prices or of quantities.
verb (indexes, indexing, indexed)
  1. (transitive) To arrange an index for something, especially a long text.
     
inflation Tweet Definition of inflation Like Definition of inflation on Facebook
noun (plural: inflations)
  1. An act, instance of, or state of expansion or increase in size, especially by injection of a gas.
The of the balloon took five hours.
  1. Expansion in the money supply beyond the increase in available goods and services. Often misunderstood to mean a rise in prices, which generally accompanies such an expansion.
The low level of the Federal Reserve Rate caused a great in the money supply that year, accompanied soon after by a general rise in prices.
  1. (context, cosmology) An extremely rapid expansion of the universe, theorised to have occurred very shortly after the big bang.
     
itemize Tweet Definition of itemize Like Definition of itemize on Facebook
verb (itemiz, es)
  1. (transitive) To state in items, or by particulars; as, to itemize the cost of a railroad.
     

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