Jobber

A trader who trades for small, short-term profits during the course of a trading session and rarely carry a position overnight.

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Economic rent

A surplus paid to any factor of production over its supply price. Economic rent is the difference between what a factor of production is earning (its return) and what it would need to be earning to keep it in its present use. It is in other words the amount a factor is earning over and above what it could be earning in its next best alternative use (its transfer earnings).


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