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28 May, 2023
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Term of the day

Microsavings

A microfinance branch that consists of small deposit accounts recommended to lower income individuals or families as an incentive to save money for future use. It works like a normal savings account; however, these are designed ...

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POPULAR TERMS

Performance Index Paper - PIP
Short-term paper on which the rate of interest is denominated and paid in a base currency. Performance index paper's interest rate is determine ...
Protest Divestment
It refers to the intentional selling of stock on a large scale to make financial pressure on a corporation to force social change.
Co-Owner
Individual or group sharing ownership in an asset with another individual or group. Co-owner of an asset holds a certain percentage although this m ...
Prepaid Interest
It refers to the interest that a debtor pays before the first scheduled repayment of debt.
Other Comprehensive Basis of Accounting - OCBOA
These are financial statements prepared using a system of accounting that differs from GAAP, the most common being tax-basis and cash-basis financi ...
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Years ago, coffee was simply a beverage as opposed to how it has evolved today. Nowadays, it is part of most people's lifestyles, and in some ways has become a status symbol as well. Without a doubt, the word "caffeine" always rings a bell for many as they associate it with one prominent brand: Starbucks.
Finance for Individuals
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Financial Advising: Automated vs. Actual
As technological advancements introduced the use of computers in various industries including finance, advisors are prepping themselves up as they incorporate what is known as robo-advisors into th eir business.
Financial Literacy
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Since its creation in 1995, the World Trade Organization (WTO) has been surrounded with controversies. Although WTO sets the global trading rules, the article will discuss its responsibilities and the external factors that oppose the organization.
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For Beginners
For Beginners
Glossary. The Major Forex Market Terms.
Forex Foreign Exchange – a term meaning conversion operations – deals of currency market agents of exchanging the specified amounts of one country currency to another one at a negotiate d price for a certain date.
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FOMC Member James Bullard Speaks
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