A profession basically is an occupation, which necessitates widespread training along with the study and mastery of specific information, and.... Read More

The purpose of setting up of a project is primarily to earn profit by generating surplus cash inflows over the.... Read More

Project proposal is a document which is designed to represent the proposal, the origination of that proposal, benefits of the.... Read More

Indirect costs are also known as overheads. These are not directly related with any particular product. Indirect costs may be.... Read More

LIFO stands for "last-in-first-out" and FIFO stands for "first-in-first-out". These two terms are commonly used in computer science, inventory control.... Read More

Cost management is equally important to all companies, regardless of size. Small companies generally have tighter monetary controls, mainly because.... Read More

It is usually the project manager’s responsibility to prepare the project plan. The role of functional managers in assisting the.... Read More

Whenever a person is working in an organization, enterprise, business then after some time due to getting higher education, increase.... Read More

This terminology is used in Finance and Taxation. Moreover this taxation type is used in the United Nations for independent.... Read More

In layman words Revenue Expenditure can be described as “the expenses incurred in day to day running of an organization”..... Read More

First let us understand what you mean by derivative. It’s a simple agreement between two or more parties to pay.... Read More

It is usually a collection of various benefits provided to the employee that are exempt from taxes, but on certain.... Read More

If you are having long dues of credit card bills that is making you panicky in every now and then,.... Read More

Penny stock marking are very beneficial for the newbie traders.  This marketing is very beneficial since the stocks cost only.... Read More

When any businessperson enters to the market, they have to follow certain guidelines and theoretical state.  Pure competition is of.... Read More

Online trading refers to the buying and selling of stocks, options, bonds, and mutual funds using internet. With brewing up.... Read More

Mortgage insurance refers to the insurance against the loan claimed.  It safeguards the lender against the default of the loan.... Read More

A credit card is a plastic card, which is used by a person as a mode of payment. The word.... Read More

When a person goes for a home loan and builds a home by availing the loan, then the financer keeps.... Read More

Home finance is required by a person, who wants to build a home of his own. Similarly, if a person.... Read More

The day we moved into our new apartment, emptying the old one was the biggest task, stacking up all the.... Read More

A collateral loan is a type of low interest loan where in the creditor has to pledge an asset of.... Read More

Are you confused by all those taxation forms you have been getting? Are you paying a tax consultant to fill.... Read More

What started in Venice around 700 years ago under war crisis is today an integral part of our life. Yes,.... Read More

Supplemental health insurance is that ad-on policy framed by the insurance companies that helps you to fulfill all those voids.... Read More

A word that came from an arithmetic table of 17th century has now become more common than humanity amongst us..... Read More

A person or a company that deals in different loan issues and all type of debt issues can be called.... Read More

Inflation rate is the term which is associated with the economy of a particular nation. The science of economy describes.... Read More

Accounting is an art that helps us to calculate, analyze and compare the financial growth of business organizations. It is.... Read More

Checking account is primarily a bank account that enables easy access of funds. One can make most of the financial.... Read More

It is the ultimate desire of every individual to save money on children’s clothing. Every individual strives to purchase the.... Read More

There are times when you are out in search of credit report, but are still reluctant to submit your personal.... Read More

Deed transfer is a commercial term that highlights the transfer of real estate from one person to another. It is.... Read More

Most people consider capitalized interest as the interest not immediately expensed. Capitalized interest is a type of asset that has.... Read More

Lien, the term is primarily associated with law. In the terms of law Lien is the form of security interest.... Read More

Prepaid credit cards are normally confused as the debit cards. This article would help you clear your doubts regarding the.... Read More

There are many definitions of credit facility. It is commonly known as a loan, which is taken from a financial.... Read More

Capital income refers to the income gained from the capital invested in the company. Capital is the money that is.... Read More

How will you define stock market to a common man? The stock market is a place where money can be.... Read More

Convertible debentures have a greater period of maturity than other types of bonds. The holder can at their will convert.... Read More

Continuous compounding refers to the process of accumulating the time value of money continuous and on an instantaneous basis. As.... Read More

A debenture bond is a document that does one of the two things; acknowledges debts or creates a debt. In.... Read More

Secured debentures refer to corporate bonds that have been secured by line of income such as property or other assets..... Read More

A debt that is ranked after other debts incase the debtor falls in to receivership is known as subordinate debenture,.... Read More

A child receiving money from the both the parents as a means of financial support is called as a child.... Read More

This refers to tax delayed retirement plan which is usually savings for an employee. This system of tax plan is.... Read More

People often wonder about their golden age and they are ready to save as much as they can for their.... Read More

Nowadays expenditure has risen but money in the pockets is still limited and people are heading towards mortgaging their properties.... Read More

A hedge fund is typically a non-retail fund inviting investment amounts in tunes of billions. Investors of hedge funds are.... Read More

Budget surplus means income exceeds expenditure. At individual level, this term is simply known as savings. Term savings is called.... Read More

Term life insurance is simply called ‘term’ because coverage is provided for a specified time period. It is also known.... Read More

A commission is a fee charged by a broker, agent or a firm for offering his services in facilitating the.... Read More

Appraisal is the method by which the performance of an employee is analyzed or evaluated. There are various criteria on.... Read More

Credit is a type of finance, which is given by a bank, financial institution or an individual to the working.... Read More

Net income is an accounting term, which can be taken into consideration in many ways. Businesses as well as individuals.... Read More

The business world runs on finance. Many of us have heard the term finance but do not know what it.... Read More

A broker or a dealer is an individual who facilitates a transaction between the buyer and the seller. The broker.... Read More

A balance sheet is an accounting statement, which shows the value of the assets and liabilities after computing the values.... Read More

Fixed cost is an inevitable part of any business. The fixed costs make a part of the total costs of.... Read More

Foreclosure can be referred to as a legal process which allows the mortgage lender to foreclose the assets kept with.... Read More

A mutual fund is an indirect way of investment into the capital markets. A mutual fund is a fund which.... Read More

The planning process taken up by business firms and other governmental organizations to decide whether owning a particular fixed asset.... Read More

What Is Gross Income? Gross income refers to the income earned by an individual after deducting all the expense and other.... Read More

Return on investment is the amount of profits gained by the company upon its investment in the business. The basis.... Read More

Residual income can be referred to as the passive income. This is type of income that is earned by an.... Read More

Many people have heard the word bankruptcy but do not know the meaning of the term. This is because it.... Read More

Working capital is something that we deal in our every day business activity. This is a term, which is of.... Read More

ROI is the abbreviation used for Return on Investment. Return on Investment refers to the returns achieved by a particular.... Read More

Depreciation is a concept where the value of the assets decreases in the course of time. Accumulated depreciation is a.... Read More

Jumbo loan is just another type of mortgage loan where a person in need of money can get amount on.... Read More

The FNMA (Federal National Mortgage Association) is popularized as Fannie Mae. It was established in the year 1938 during the.... Read More

In normal savings account, there is no restriction of the period for which the money would lie with the bank.... Read More

Insider trading means disclosing material information of the company to individuals who are not associated with the company in any.... Read More

Corporate shareholders and stockholders are paid a portion of company’s profit. This share of profit is termed as dividend. A.... Read More

Life insurance is known as a contract in between the insurer and the insured wherein  the insurer agrees to pay.... Read More

The market of credit functions when the lenders offer loans based on a FICO score, a number that exists within.... Read More

There are many types of economic systems of which one is known as the command economy wherein a centralized federal.... Read More

A money market account is a bank account similar to a savings account with some variants. In a money market.... Read More

A subsidized loan is a loan where by interest is not required to be paid by the person receiving the.... Read More

An endowment fund is a unique account created to generate funds for a specific task over a long period of.... Read More

The money that comes in and out of a business is called cash flow. Now what is this coming in.... Read More

The general increase in the price of goods and services in an economy is termed as inflation. Inflation affects all.... Read More

Every employee is liable to pay certain taxes that are due for. Such an amount that is deducted from the.... Read More

Any exchange of goods and services for a certain value is termed as commerce. Any commodity that is exchanged for.... Read More

This is an accounting term it denotes the profit earned by any company for a given financial period. This will.... Read More

Annuity is a fixed amount of money paid over fixed period of time. It is a type of financial product..... Read More

Liability insurance is the type of general insurance availed by companies to protect themselves from unforeseen risks related to the.... Read More

Taxable income is gross income minus standard deductions. The taxable income attracts tax at different rates depending upon the source..... Read More

By definition, income tax is a tax levied by the government on the income of individuals, salaried or self employed.... Read More

Wall Street is the financial capital of USA. It is an 8-block street situated in Manhattan. New York Stock Exchange.... Read More

This term is very much prevalent in the United States of America; it refers to the mandatory voluntary retirement system..... Read More

A certified check is a guaranteed check prepared by bank’s cashier in the name of the payee to make payments.... Read More

Fellowship is basically a grant given to the pursuant for training or study to facilitate working on a specific project..... Read More

A mortgage is an agreement under which property is bought by borrowing money. Lender is free to take over the.... Read More

A person can form living trust for its property to get rid of probates, tax etc. up to some extent..... Read More

Stipend is a kind of allowance given by any institute to a student, trainee or a worker. It can be.... Read More

A limit order is an order to establish a deadline of amount of money to purchase or sell stock. It.... Read More

Inflation refers for the undesired increment in the standard price of products and goods. It is a representation of unnecessary.... Read More

Money order is an official order for the payment of a particular amount of money to the receiver whose name.... Read More

In simple words basis point means 100 basis point = 1 percent of any measured quantity. It is mostly used.... Read More

The amount of profit a company gets after production costs or the goods sold by a company. People use gross.... Read More

Prime rate is defined as the lowest interest rate offered by a bank to their best customers for commercial loans..... Read More

FICO is the most widely known credit score system developed by Fair Isaac Corporation. FICO Score is credit rating used.... Read More

ETF stands for exchange traded funds. These are investment funds traded in stock exchanges similar to stocks. ETFs are popular.... Read More

Fiscal policy is the policy adopted by any government to check the expenses and increase revenue inflow methods. Control in.... Read More

Probate is the legal process of executing will of a deceased person involving the resolution of claims and distribution of.... Read More

It is a stock exchange that is based in New York in America. The expansion of NASDAQ is National Association.... Read More

Dow Jones is a stock market index. It was founded by editor of Wall Street Journal Charles Dow. It came.... Read More

Credit rating is the credit worthiness of debt issuer determined by credit rating agencies. Debt issuer can be corporation or.... Read More

A whole life insurance helps to cover people for their entire life instead of the term insurance policy that provides.... Read More

Home equity loan is a way to get financial support whenever required. The first priority to obtain this kind of.... Read More

This refers to the periodical repayment of loans in a planned manner. These are different from the other normal loans.... Read More

Usually when any of us is investing in a company for the first time we come across something called holding.... Read More

Trust fund is an amount of money collected by the group of earning people as a social security to help.... Read More

The term deductible is often used in insurance policies. Deductible is an amount of money paid by the insurance company.... Read More

Fraud is a kind of crime under the judiciary laws. It is considered as a form of violation against jurisdiction..... Read More

FICA is abbreviated form of Federal Insurance Contribution Act. This act was passed in 1930 to impose FICA tax on.... Read More

A tool that comes in use at the time of deposits evaluation gets termed as an APY. It stands for.... Read More

Grants are the financial resources that are wonderful way to help the senior secondary students and the money is not.... Read More

ACH is the abbreviated form of Automated Clearing House. The basic definition of ACH is that the Automated clearing house system.... Read More

Today, Escrow is referred to that money that is held by the third party in the favor of the transacting.... Read More

This term is highly prevalent in the United States of America. It is a kind of savings tool that is.... Read More

The first time any company sells its stock of shares to the public is known as Initial Public Offer (IPO)..... Read More

It is a financial accounting terminology that refers to the total value of an organization. Net worth is usually the.... Read More

Budget in business terminology refers to the designed allocation of existing resources for every unit in an organization. This method.... Read More