answersLogoWhite

0

from what I've learned from law, quasi means "as if" so if you put that first word (quasi) to other it means almost but not exactly same.

quasi- combining form meaning "resembling," "having some, but not all of the features of," used in the formation of compound words: a quasi contract, an implied contract, an obligation which has arisen from some act, as if from a contract; a quasi corporation, a body that has some, but not all, of the peculiar attributes of a corporation; a quasi argument, that which resembles, or is used as, an argument; quasi historical, apparently historical, seeming to be historical.

so if the term is a quasi-bank, i think that the rules and objectives of that are the same like the commercial bank, but this thing are only in effect to someone (a group) who has agree/join on this agreement. as if a bank, but not the one honored to do business for public.

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Economics

What is quasi collective goods and services?

quasi public goods have characteristics of both private and public goods including partial excludability , partial rivalry , partial diminishability


Who controls the supply of money in the us?

The Federal Reserve System, a quasi-governmental body, is the central bank that controls the supply of money and/or currency in circulation. The actual production of currencies is by the Department of the Treasury, which operates the US Mints and the Bureau of Engraving and Printing.


Difference between rent and quasi - rent?

Rent is a payment for natural gifts of nature like land. Quasi rent is a payment for man made appliances like machines.As the supply of land cannot be changed, rent persists in both short run and long run. But quasi rent is a short run phenomenon which disappears in the long run when the supply of man made goods is increased.Rent is permanent in nature while quasi rent is a temporary phenomenon.Rent is the disparity amidst total revenue and total costs. Conversely, quasi rent is difference between total revenue variable costs.Some economists regarded rent as unearned income. But quasi rent is a necessary payment which all factors of production receive due to their inelastic supply in the short run.Ricardo's rent arises due to differences in fertility of land. Marshall's quasi rent arises due to the scarcity of man made appliances in the short run.Rent cannot be zero but quasi rent can be zero when the short run price of the commodity equals its average variable cost.


Is quasi-concave utility a reliable measure for assessing consumer preferences in economic decision-making?

Quasi-concave utility is a useful measure for understanding consumer preferences in economic decision-making. It helps to capture how individuals make choices based on their preferences and constraints. However, it is important to consider other factors and models in conjunction with quasi-concave utility to get a comprehensive understanding of consumer behavior.


How land can earn economic rent and quasi rent using diagrams?

dnt anything i just want assistance from you

Related Questions

Is riddance a quasi bank?

now riddance has opened a quasi bank


Is ther any branch of riddance quasi bank in satna in mp?

Is quasi bank governed by rbi


Is Riddance Quasi Bank Registered by RBI?

No


How do you open a quasi bank?

iam moving to the philippines from the usa and i have wells fargo bank


What type of bank is riddance quasi bank?

A "quasi bank" typically refers to a financial institution that operates similarly to a bank but does not hold a full banking license or engage in all traditional banking activities. These institutions often provide services like lending, investment, and financial advisory but may be subject to different regulatory standards compared to conventional banks. Riddance quasi bank, as a specific entity, is not widely recognized, so it may refer to a fictional or niche institution.


What is quasi banking?

The word 'quasi' is an adjective that describes something as resembling or having some resemblance usually by possession of certain attributes; as though: just as valid in law as if actual; almost but not quite: resembling somebody or something in some ways, but not exactly the same. A quasi-bank has the rules and objectives of that are the same as a bank, but is only in effect to someone (a group) who has agreed or joined this agreement, as a bank, but to do business for the public.


What are some crimes that begin with the letter Q?

quasi contract Quasi Corporation Quasi Criminal Quasi Judicial Qui tam Quasi Criminal


What is a quasi partnership?

quasi means almost.


What is quasi partnership?

quasi means almost.


What do you understand by quasi vertical communication?

What. Do you understand by quasi-vertica communication


What was the result of the quasi war?

what were the results of the quasi-war


What is the difference between quasi and natural experiments?

quasi experiment simply exists