November 2012
Intermediate to advanced
233 pages
9h 28m
English
Content preview from Automotive Management
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Glossary
201
GDP
stands for 'Gross Domestic Product'.
Gross Domestic Product
is the sum of all goods and services produced with-
in a country - independently of whether these prod-
ucts were manufactured by natives or foreigners.
Hedging
is a specific financial vehicle established to reduce
the risk of adverse price movements in existing or
future assets.
Hedge Ratio
indicates the number of contracts required to es-
tablish a hedging strategy and thus, offsetting ad-
verse price movements.
Hybrid Drive
describes the combination of two drive engines -
gas and electric propulsion.
Insolvency
occurs in case of illiquidity.
Interest Rate Structure
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