Decreasing Term Insurance
What is decreasing term insurance and how does it work
When most people think of life insurance, they think of whole life or term life...
How to Celebrate a Successful Business Sale
Celebrating a successful business sale motivates your staff and lets them know how important they are to the business's success. However, there are countless...
4 Ways to Boost Your Small Business Working Capital
Small businesses are the backbone of the American economy, but they often have trouble accessing the capital they need to grow and thrive. Working...
Personal Service Corporation
What is a personal service corporation?
A personal service corporation is a type of corporation that provides services to individuals. Its services can vary, but...
Facultative Reinsurance
What is facultative reinsurance and what are its benefits
Facultative reinsurance is a type of insurance coverage that is purchased by an insurer on a...
Autoregressive
Important Things You Should Know About Autoregressive Models
Autoregressive models are models that use random processes to describe time-varying phenomena. In the context of economics...
Audit Risk
What is Audit Risk
Audit risk is the risk that an auditor will express an inappropriate opinion on a company's financial statements. Audit risk is...
What is Triangular Arbitrage?
Triangular Arbitrage is a form of arbitrage that exploits pricing discrepancies resulting from the trading of three different currencies in the foreign exchange market....
Irrevocable Letter of Credit
What is an Irrevocable Letter of Credit
An irrevocable letter of credit is a type of financial guarantee that is typically used in international trade...