FT MarketWatch

Absolute advantage

The name for the ability of one entity to engage in more efficient production than another entity. Assuming equal inputs, the entity with an Absolute advantage will have a greater output.

Related Terms: 2 Absolute advantage, Put
Other Related Pages: Category: Economy Starting With: A
Additional Related Terms: 10-Q, Allowance for depreciation, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, Absolute advantage, At risk