Very large-scale integration (VLSI) Superchip circuitry, resulting from extremely compact transistors and circuits assembles on a single silicon chip; marked start of fifth
Large-Scale Integrated (LSI) Circuit Large-Scale Integrated (LSI) Circuit is a superchip that contains thousands of small transistors: fourth-generation innovation that
Change-of-plan provision Change-of-plan provision allows life insurance policyholders to exchange their present policies for different contracts; provides
Age-grading Age-grading is the process of dividing the members of a society into groups according to their ages, applying labels to these groups (infants , teenagers, senior
Mortgage-backed bond Mortgage-backed bond means a debt instrument representing a claim against the interest and principal payments generated by a pool of mortgage loans.
Mortgage-banking companies Mortgage-banking companies is the financial service firms that acquire mortgage loans for eventual resale to longer-term lenders (e.g.,
Wage-price stickiness Wage-price stickiness when a source of rigidity prevents wages from responding fully to changes in the expected price level.
Age-sex structure Age-sex structure (also called “age-sex pyramid”) is the relative proportions of different age-sex categories in a population. Often
Knowledge-based pay Knowledge-based pay is a salary differentiation system that bases compensation on an individual’s education, experience, knowledge, skills or specialized training. Also referred to as skillbased pay.
Age-earnings profile Age-earnings profile is a graph showing the earnings of workers at different ages and in different industries.