Description
Complete the Terminology and Stakeholders worksheet. You will define the provided terminology as well as identify and describe various stakeholders in the health care payer system.
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Terminology and Stakeholders
HCS/385 Version 3
University of Phoenix Material
Terminology and Stakeholders
Define the following terms using your text or other resources. Cite all resources according to APA guidelines.
Term
Definition
Resource Used
Time value of money
TVM is the idea that money is available or
received today is worth more than the same
amount in the future due to its earning capacity
(Mpakaniye & Paul, 2014).
Mpakaniye, D., & Paul, J. (2014). Time
Value of Money.
Efficient market
This is a market where all relevant information
is available to all the participants at the same
time, and the stock prices respond to immediate
effect to the available information (Badrinath,
2016).
Badrinath, S. G. (2016). Efficient market
theory.
Primary versus secondary market
A primary market where securities are created
whereas a secondary is where previously
issued securities are traded (Brooks, 2015).
Brooks, R. (2015). Financial management:
core concepts. Pearson.
Risk-return tradeoff
This is the trade-off between risk and return on
investment decisions, where high risk attracts
high return and vice versa (Bali & Yilmaz, 2015)
Bali, T. G., & Yilmaz, K. (2015). The
intertemporal relation between expected
return and risk on currency. In Handbook
of Financial Econometrics and
Statistics (pp. 1105-1141). Springer New
York.
Agency (principal and agent problems)
The agency relationship arises when the agent
acts on behalf of the principal, and problems
related to costs incurred, moral haz...