Corporate Charter
What is a corporate charter
A corporate charter is a legal document that outlines the powers and purpose of a corporation. The charter is filed...
Trade Liberalization: Benefits and Challenges
What is Trade Liberalization?
Trade liberalization is the process of removing barriers to trade, such as tariffs, export quotas, and other restrictions that restrict international...
Equity Swap
What is an equity swap and how does it work
An equity swap is a type of derivative contract that involves exchanging cashflows based on...
The Liquidation Value of Your Preferred Stock
A liquidation value is a likely price for an asset when it does not have enough time to sell on the open market. This...
Intangible Personal Property
What is intangible personal property
Intangible personal property is a type of property that lacks a physical form. Instead, it is represented by a legal...
5 Important Points to Research Before Starting a Business
If you’re thinking of starting your own company in today’s competitive landscape, it’s important to remember that knowledge is power. The homework you do...
Heterodox Economics
Heterodox economics is a school of thought that extends beyond the conventional neoclassical paradigm. These schools include Marxian, socialist, ecological, and feminist economics, among...
Permanent Income Hypothesis
What is the Permanent Income Hypothesis
The Permanent Income Hypothesis was first proposed by economist Milton Friedman in 1957. The theory states that individuals will...
Functional Currency
What is a functional currency and how does it work
A functional currency is the currency of a country in which a company primarily earns...
Operating Cash Flow Ratio
What is the operating cash flow ratio and what does it measure
The operating cash flow ratio is a financial metric that measures a company's...