The EBIT margin is a financial ratio that measures the profitability of a company calculated without taking into account the effect of interest and taxes. It is calculated by dividing EBIT (earnings before interest andRead More
Balance sheet is one of the four major financial statements of a company or entity. Balance sheet portraits an entity’s economic and financial status on a given date. It’s a summary of entity’s assets, liabilitiesRead More
LIBOR stands for London InterBank Offered Rate (aka ICE LIBOR) is the benchmark interest rate for interbank short-term unsecured loans. LIBOR is calculated based on submission of interest rates by panel banks (ICE LIBOR CurrencyRead More
Finance is the discipline of study that basically deals with money, management of money, and the value of money over times. It teaches us how to obtain the required fund at least possible cost andRead More
Project is a limited-time venture, planned with a set of tasks to achieve the desired goal or goals which is not available now. The desired goal could be a product, service, result, business model orRead More
Cashless society is an economic concept where financial transactions are executed in an electronic format rather using banknote. In a cashless society, each party will have an electronic card or device which will be usedRead More
Refi bubble is referred to such a period when a significant number of existing mortgages are refinanced to take advantage of the drop in interest rates. A typical refi bubble is seen in the RealRead More
Refinance or refinancing is the process of acquiring a new mortgage to pay off the balance of an existing mortgage. Typically the new mortgage comes with better terms and condition. Also called as Refi. HereRead More
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Online Business Dictionary & More
An online business dictionary, glossary, terms archive written in easy to understand approach which helps business novice to professional.