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Definition of 'Complement'
A good or service that is used in conjunction with another good or service. Usually, the complementary good has little to no value when consumed alone but, when combined with another good or service, it adds to the overall value of the offering. Also, good tends to have more value when paired with a complement than it does by itself.
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Investopedia explains 'Complement'
A product can be considered a complement when it shares a beneficial relationship with another product offering. In an economic sense, when the price of a good rises, the demand for its complement will fall because consumers don't want to use the complement alone.
For example, if the price of hot dogs rises so much that people stop consuming them, this will also cause a decrease in demand for hot dog buns. Because the price of hot dogs has an inverse relationship to the demand for hot dog buns, we call them complementary products.
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Search results for 'Complement'
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http://www.investopedia.com/university/ratios/operating-performance/ratio2.asp
... As of December 31, 2005, Zimmer Holdings generated almost $3.3 billion in sales with an average personnel complement for the year of approximately 6,600 ...
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http://www.investopedia.com/articles/trading/07/timeframes.asp
Short-term and intermediate charts complement the underlying trend and refine entries and exits. ...
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http://www.investopedia.com/exam-guide/cfa-level-1/microeconomics/elasticity-demand.asp
Sign In Register Free Annual Reports Free Newsletters. Dictionary; Investing; Markets; Personal Finance; Active Trading; Forex; ...
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http://www.investopedia.com/articles/optioninvestor/07/structured_products.asp
... to offer customized exposure, including to otherwise hard-to-reach asset classes and subclasses, makes structured products useful as a complement to these ...
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http://www.investopedia.com/university/exchange-traded-fund/
... ETFs. Others use ETFs to complement their existing portfolios, and rely on ETFs to implement sophisticated investment strategies. ...
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http://www.investopedia.com/articles/04/111904.asp
... introduced a Fiduciary Grade (subsequently renamed as the Stewardship Grade) system to complement its ratings service of mutual funds by factoring in areas of ...
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http://www.investopedia.com/articles/financial-theory/11/calculating-covariance.asp
... You might even be able to select stocks that complement each other, which can reduce the overall risk, and increase the overall potential return. ...
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http://www.investopedia.com/articles/financialcareers/11/accredited-financial-counselor.asp
... Underwriter. It does, however, complement the CFP® in many respects, although it also stands alone as a credential by itself. This ...
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http://www.investopedia.com/articles/06/mortgagebackedsecurities.asp
... piece of this debt. In this article, we'll show you how you can use MBS to complement your other fixed-income assets. How They Are ...
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http://www.investopedia.com/university/exchange-traded-fund
... ETFs. Others use ETFs to complement their existing portfolios, and rely on ETFs to implement sophisticated investment strategies. ...
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