The San Francisco 49ers have agreed to terms with Jim Tomsula to become the 19th head coach in San Francisco 49ers history. âAfter conducting a thorough coaching search, and meeting with a number of outstanding candidates, Jim Tomsula clearly is the right man to lead this team,â said 49ers CEO Jed York. âJim is a great teacher and a tremendous mentor who conducts himself with great class and integrity.â.
Economic Definition of bond. Offline Version: PDF. Term bond Definition: The general term for a long-term loan in which a borrower agrees to pay a lender an interest rate (usually fixed) over the length of the loan and then repay the principal at the date of maturity.
DEFINITION of 'Welfare Economics'. A branch of economics that focuses on the optimal allocation of resources and goods and how this affects social welfare. Welfare economics analyzes the total good or welfare that is achieve at a current state as well as how it is distributed. This relates to the study of income distribution and how it affects the common good. Welfare economics is a subjective study that may assign units of welfare or utility in order to create models that measure the improvements to individuals based on their personal scales.