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03 November, 2026
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Privity

A legal interpretation in contract law where contracts are only binding on the parties signing the contract. The idea is that, contracts are private agreements among the signatory parties which should have no bearing on others ...

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POPULAR TERMS

Term
Lifespan of an asset or a liability in which its value is expected to either increase or decline, depending on its nature. Time ...
Social Networking
Social networking is networking through the use of social media with the purpose of socialization, business, or both. It basically establishes conn ...
Rural Housing Service - RHS
A division in the U.S. Department of Agriculture responsible for managing programs that focus on rural housing and community service facilities, an ...
Interest Equalization Tax
Tax on foreign stocks and bonds acquired by American. Levied in 1963, it is designed to lessen the US balance of payments deficit by deterring inve ...
Bill Of Materials - BOM
List of raw materials or any things that are required to build a product. It is usually in the hierarchical format. Topmost level showing the end p ...
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Financial Literacy
Financial Literacy
Make the Most Out of Fintech
Aside from gaining popularity from individuals and business, technology has undeniably ventured into the field of finance as well. Although its entry is supposed to bring additional convenience and security, its initial forays have caused disruption, especially in a sector that has been anchored by traditional measures for years.
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The first quarter of 2016 is about to end. But equity markets have seen no precise direction and experienced high volatility so far. Given that situation, how can investors keep up with the erratic ness of markets? Mutual fund has always been a safe investment especially in times like these.
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Taxation in Finance
Taxation in Finance
How Taxes Affect an Individual`s Behavior
Taxation refers to the act of levying tax on an activity, income, or product. Imposed by the government, it is applicable to all types of taxes, including gift and estate taxes. The primary objecti ve of taxation is to fund government expenditure.
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