Term of the day
A credit card billing that includes the date, name of the merchant, contact, etc. of each transaction.
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Sell To Open
Sell To Open is a phrased used in options. It is when a short position opens in an option transaction which means that the investor is starting or ...
A policy that covers people who become disabled and are unable to perform majority of occupational duties that they have been trained to perform.
Other Post-Retirement Benefits
These are benefits given to employees during their retirement years, other than pension distributions. Most benefits include medical plans and life ...
Difference between the First In, First Out (FIFO) inventory and Last In, First Out (LIFO) inventory in accounting. The figures signify the amount o ...
Per Diem Interest
It refers to the interest charge on a loan for one or more days. This doesn’t necessarily mean that the interest compounds daily, it simply r ...
Apple and Samsung: Two Giant Smartphone Makers
Apple Inc. and Samsung are the two giant smartphone makers worldwide. Throughout the years, these two companies have changed the landscape of mobile phone industry. But what these two gia nts have, making them stand out among its counterparts? Apple Inc.
Finance for Individuals
How to Reduce Taxes on Separation Payment
Losing your means of livelihood unexpectedly is clearly bad news for everyone, especially given the expensive costs of living nowadays. Fortunately, companies now offer what is known as severance p ackage, which are benefits given to an employee as he exits the workplace.
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