What Is Usance?
If you've ever received a letter of credit, you've probably wondered what Usance means. This term refers to a fee that the issuing bank charges to use the letter of credit as a deferred payment method. The...
What is an overnight index swap
An overnight index swap is an agreement between two parties to exchange a series of payments based on a specific interest rate index. The most common type of overnight index swap is based on...
How Fixed Capital Can Increase the Value of a Company's Balance Sheet
A real physical asset used in the production of a product is referred to as fixed capital. This type of asset is long-lasting and will not be consumed...
What is a limit order book
A limit order book is a tool that helps traders to trade assets by allowing them to set the price at which they are willing to buy or sell. By setting a limit, traders...
Planning your future is crucial, and your financial situation plays a vital role in the journey. You don’t have to be a pro when it comes to saving money, but you can make some wise choices along the way....
When it comes to sending money online, safety should be your number one priority. There are many scams out there that can leave you out of pocket, so it's important to be aware of what to watch out for....
What is Lehman Formula
The Lehman Formula is a mathematical formula used to calculate the amount of time required for an investment to double in value. The formula is based on the rule of 72, which states that the number...
What is capital preservation and why is it important
Capital preservation is the investment strategy of protecting an investor's original investment. Capital preservation is often a primary goal for investors who are risk-averse or have a short time horizon. While...
What is Void Transaction?
A void transaction is a financial transaction that is canceled or not processed. This can happen if the transaction is incorrect, if there are insufficient funds to complete the transaction, or if the parties involved agree...
What is Push Down Accounting and how does it work
Push down accounting is an accounting method in which the financial statements of a subsidiary are consolidated with the parent company, even though the subsidiary is legally separate from the...