underinvestment
noun Date: 1940 an insufficient amount of investment

New Collegiate Dictionary. 2001.

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  • underinvestment — UK US /ˌʌndərɪnˈvestmənt/ noun [U] FINANCE ► a situation in which less money is spent on something over a long period of time than is needed: »These problems are the result of decades of underinvestment in the railways. »Public infrastructure is… …   Financial and business terms

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  • Underinvestment problem — The mirror image of the asset substitution problem, wherein stockholders refuse to invest in low risk assets to avoid shifting wealth from themselves to the debtholders. The New York Times Financial Glossary …   Financial and business terms

  • underinvestment problem — The mirror image of the asset substitution problem, in that stockholders refuse to invest in low risk assets to avoid shifting wealth from themselves to debtholders. Bloomberg Financial Dictionary …   Financial and business terms

  • Market failure — is a concept within economic theory wherein the allocation of goods and services by a free market is not efficient. That is, there exists another conceivable outcome where a market participant may be made better off without making someone else… …   Wikipedia

  • 2003 London blackout — The 2003 London blackout was a serious power outage that occurred in parts of southern London and north west Kent on 28 August 2003. It was the largest blackout in South East England since the Great Storm of 1987, affecting an estimated 500,000… …   Wikipedia

  • Capitalism and Freedom — infobox Book | name = Capitalism and Freedom author = Milton Friedman country = United States language = English genre = Nonfiction publisher = University of Chicago Press release date = 1962 media type = Print (Hardback Paperback) pages = 202… …   Wikipedia

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