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coconut model (E1)<br />A model of a tropical island in which there is a taboo against eating the coconuts one has picked so there has to be a trade of nuts for nuts before consumption can occur. The ability to trade depends on the number of potential trading partners. There is no mechanism to ensure forecasts of the time to complete a trade. This model reflects the modern reality of producers consuming little of what they produce.<br /><em>See also:</em> Robinson Crusoe economy <br /><em>Reference</em><br />Diamond, P.A. (1982) 'Aggregate demand in search equilibrium', Journal of Political Economy 90: 881-94.
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mezzanine finance (G2, M2)<br />An unsecured loan, often used to finance a MANAGEMENT BUYOUT, which ranks after secured loans but before equity in the event of a liquidation of a company. The interest charged on these loans is higher than for secured loans and linked equity is often given to the lender. This form of finance is used to supplement other sources to effect management buyouts.
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resident population (Jl) see de jure population
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