Term of the day
A theory suggesting that when a government tries to stimulate demand by increasing debt-financed government spending, demand remains unchanged. This is because the public will save its excess money to pay for future tax increas ...
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Expenditures of a company in its daily operations, which are deductible and netted against their income.
It refers to the risk that a contract holder will know that the counterparty won’t be able to meet the terms of a contract, creating the need ...
A list of articles and a book that is released by the American Institute of Certified Public Accountants (AICPA) quarterly or annually containing t ...
Debt obligation comprised of an embedded derivative feature with attributes adjusting the security’s risk-return profile. Its return trails t ...
An option strategy: Buy one put option contract with 90 days or more until expiration Sell one put option contract (at ...
Finance for Individuals
Application of Simple Interest in Real Life
If you think applying interest in daily life is difficult, think again. Below are the ways a simple interest can be used in real life. Car Loans < p>Since car loans are amortized monthly, part of the loan is allocated to paying the outstanding monthly loan balance.
Special Features on Finance
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