Economics
- Collateral Valuation Adjustment, a concept in debt restructuring
- Credit Value Adjustment, a credit component of FAS 157 Fair Valuation
- Credit Valuation Adjustment, the market value of counterparty credit risk
- Certified Valuation Analyst, a specialist in business valuation standards certified by the National Association of Certified Valuation Analysts(NACVA) and The International Association of Consultants, Valuators and Analysts(IACVA)
- Company voluntary arrangement, for companies in insolvency
Read more about this topic: CVA
Famous quotes containing the word economics:
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)
“There is no such thing as a free lunch.”
—Anonymous.
An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)
“The new sound-sphere is global. It ripples at great speed across languages, ideologies, frontiers and races.... The economics of this musical esperanto is staggering. Rock and pop breed concentric worlds of fashion, setting and life-style. Popular music has brought with it sociologies of private and public manner, of group solidarity. The politics of Eden come loud.”
—George Steiner (b. 1929)