CREDITOR
Individual or institution which extends credit to an entity provided it is paid back at a specified date. Creditors are classified into two: personal and real. Personal creditors pertain to individuals that loan money to family and friends. Real creditors have legal contracts in which the borrower is granted the permission to claim any of the debtor’s real assets should he fail to repay his loan.
POPULAR TERMS
Yankee Market
Yankee Market is a slang term referring to a US stock market.
Bill Of Lading
A document between the shipper and the carrier telling the type, quantity and destination of the good being carried. It also serves as a receipt of ...
Empirical Probability
Probability anchored on certain events happening, computed using collected empirical evidence. It is closely connected to the relative frequency in ...
Freeganism
Freeganism is a lifestyle philosophy focused on adopting alternative means to satisfy needs in order to minimize dependence on what is termed the & ...
Controlling Interest
High enough ownership percentage to impose changes or have legal control in a company. A single shareholder or a group of shareholder owns more tha ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
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