Norwegian Cruise Line operates one cruise ship out of the Port of New Orleans, the Norwegian Dawn, which offers 7-day cruises to the Caribbean during the winter sailing season. With a capacity of 2,340 passengers, the Dawn is 965 feet long by 125 feet maximum width.
Aggregate Level Cost Method. DEFINITION of 'Aggregate Level Cost Method'. An acturial cost method that tries to match and allocate the cost and benefit of a pension plan over the span of the plan's life. The Aggregate Level Cost Method typically takes the present value of benefits minus asset value and spreads the excess amount over the future payroll of the participants.
DEFINITION of 'Aggregate Demand'. The total amount of goods and services demanded in the economy at a given overall price level and in a given time period. It is represented by the aggregate-demand curve, which describes the relationship between price levels and the quantity of output that firms are willing to provide. Normally there is a negative relationship between aggregate demand and the price level. Also known as total spending.