Nakahara Prize

Dictionary Says

Definition of 'Nakahara Prize'


An award issued to a Japanese economist under the age of 45 who has made important contributions to the field of economics. The Nakahara Prize is awarded annually by the Japanese Economic Association and is named after Nobuyuki Nakahara, a former board member of the Bank of Japan.
Investopedia Says

Investopedia explains 'Nakahara Prize'


The Nakahara Prize was first awarded in 1995, and focuses on economists who earn international recognition rather than solely domestic recognition for their work. It is designed to award younger economists, as the maximum age of a winner is set at 45.

comments powered by Disqus
Hot Definitions
  1. Closed-End Fund

    A closed-end fund is a publicly traded investment company that raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.
  2. Payday Loan

    A type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash.
  3. Securitization

    The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors.
  4. Economic Forecasting

    The process of attempting to predict the future condition of the economy. This involves the use of statistical models utilizing variables sometimes called indicators.
  5. Chicago Mercantile Exchange - CME

    The world's second-largest exchange for futures and options on futures and the largest in the U.S. Trading involves mostly futures on interest rates, currency, equities, stock indices and agricultural products.
  6. Private Equity

    Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity.
Trading Center