Term of the day
It is credit’s actual amount that is made available through a lone to a borrower according to the Regulation Z disclosure requirements as stated in the Truth in Lending Act. To be specific, it is the principal loan amount ...
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Mutual fund emulating the performance or technique of a bigger and successful mutual fund. A mutual fund company set it up when the original fund b ...
Removing the pricing regulations of an industry, set forth by tariffs created by a regulatory body. It allows an industry to price its goods at mar ...
Forfeited output of a nation’s economy as the result of the failure to generate sufficient jobs for all those willing to work.
Transaction or series of transactions shifting a publicly traded company into a private entity. Once private, the shareholders can no longer trade ...
Savior Plan occurs when the management and employees borrow money and then invest in their failing company in an attempt to save it.
Finance for Individuals
What is the Significance of Property Insurance?
Why should we obtain an insurance? There are two primary reasons for obtaining an insurance: to protect your assets against potential losses and financial difficulties, as well as to sati sfy your lender since insurance is one of their requirements for securing a loan.
Special Features on Finance
Taxation in Finance
Three Interesting Trivia regarding Income Tax
Every individual is a taxpayer. The government utilize such payments to fund their projects and uphold the best interests of their people. Most nations implement a progressive tax scheme in which h igh earners settle a higher bill than low income earners.
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