Financial Leverage

Financial leverage is the degree to which an entity uses interest-bearing debt to finance its assets. The higher the shareRead More

cashless society

Cashless society is an economic concept where financial transactions are executed in an electronic format rather using banknote. In aRead More

mortgage

Simply, a mortgage is a loan to purchase your home. A bank or mortgage lender gives you money to buyRead More

LIBOR

LIBOR stands for London InterBank Offered Rate (aka ICE LIBOR) is the benchmark interest rate for interbank short-term unsecured loans.Read More

finance

Finance is the discipline of study that basically deals with money, management of money, and the value of money overRead More