cashless society

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

mortgage

Simply, a mortgage is a loan to purchase your home. A bank or mortgage lender gives you money to buy your dream house. Sounds great, huh! When you decided to buy a house and haveRead More

LIBOR

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

refi bubble

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

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

Earnings Per Share – EPS

Earnings per share (EPS) is the part of a company’s net profit obtained by each outstanding share of common stock. Earnings per share is a financial metric, that indicates the profitability of a company. EarningsRead More

EBIT margin

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

EBITDA

EBITDA stands for Earnings before Interest, Taxes, Depreciation, and Amortization. It refers to the earnings of a company before interest, taxes, depreciation, and amortization are deducted. That is, it is understood as the gross operatingRead More

EBIT – Earnings before Interest and Taxes

EBIT is the abbreviation for “Earnings before Interest and Taxes”. The “before” means that the company‚Äôs earnings is calculated before interest expenses (I) and income tax expenses (T) have been deducted from revenue. EBIT givesRead More

Financial Leverage

Financial leverage is the degree to which an entity uses interest-bearing debt to finance its assets. The higher the share of debt financing in the capital structure of the company, the higher the financial leverageRead More