Project

Project is a limited-time venture, planned with a set of tasks to achieve the desired goal or goals which are not available now. The desired goal could be a product, service, result, business model orRead 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

CPA – Certified Public Accountant

Certified Public Accountant or CPA is a professional accounting degree. From another perspective, CPA is the license to provide accounting services to public. In many English speaking countries, CPA is the title for qualified accountantsRead 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

EBIT – Earnings before Interest and Taxes

EBIT is the abbreviation for “Earnings before Interest and Taxes”. The “before” means that the company’s earnings is calculated before interest expenses (I) and income tax expenses (T) have been deducted from revenue. EBIT givesRead 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

Line of credit

A line of credit, also known as LOC is generally an unsecured loan. A LOC gives a borrower the right to borrow and draw funds at any time to meet immediate needs. A significant conditionRead More

Stockholder or Shareholder

A stockholder is an individual, company or any other entity who owns at least one or any number of share of a corporation’s capital stock. The answer is NO. Both are same. In the UnitedRead More

Letter of Credit

What is a letter of credit? How does it work?

The letter of credit (LC) also called “commercial credit” or “documentary credit”, is one of the most reliable means of payment in international trade. In this article, we will try to understand what is the

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