Investment Vehicle
What is an investment vehicle and why do people use them An investment vehicle is any type of financial product that can be used to invest in a specific asset, sector, or region. The most common investment vehicles include stocks, bonds, mutual funds, exchange-traded funds (ETFs), and index funds. Each type of investment vehicle has its own set of features...
Bancassurance
The Benefits to Banks of Bancassurance Bancassurance is a partnership between an insurance company and a bank. The aim of bancassurance is to sell insurance products and services to bank customers. Tellers and bank employees become the main point of contact between the bank and the customer. Both parties gain. In exchange, the bank is able to grow as a...
Subsidiary Rights
What are subsidiary rights and what do they entail Subsidiary rights are the commercial rights that an author retains after selling the copyright to their work. These include the right to make adaptations of the work and the right to exploit secondary markets such as merchandise, live events, and spin-offs. While the copyright holder retains the exclusive right to make...
Defensive Interval Ratio
Understanding the Defensive Interval Ratio The defensive interval ratio is a measure of the company's liquidity position. It is used to determine how long it will take for a company to run out of cash. This ratio is calculated using two different factors: cash and marketable securities. Marketable securities are investments in money markets that can be converted to cash...
Money Center Banks
What are money center banks and what do they do Money center banks are a type of commercial bank that provides a range of services, including lending, short-term financing, and foreign exchange transactions. They are typically larger than other types of commercial banks and have branches in major financial centers around the world. Money center banks play an important role...
Future of Bitcoin Trading in Belarus
The future of Bitcoin trading in Belarus is shrouded in uncertainty. The country's government has not yet released any official regulations or laws regarding cryptocurrency. This leaves many businesses and individuals in a state of limbo, unsure of how to proceed with their Bitcoin activities. For further information explore BitProfit. However, there are some signs that the government may be...
Bitcoin Pricing
- Bitcoin is the first decentralised cryptocurrency - Bitcoin is a digital currency that functions on a unique technology called blockchain - Bitcoin's total market cap as of May 2018 is $70 million - Bitcoin operates at a fixed supply of 21 million coins Bitcoin is a digital currency that was first introduced to the world as open-source software in 2009. Since Bitcoin's...
Income Smoothing
What is income smoothing and why is it important for businesses Income smoothing is the process of evening out a business's income over time. This can be done in a number of ways, but the most common is through the use of accruals. Accruals are expenses that are incurred but not yet paid, or income that is earned but not...
Accounting Theories
Inductive Logic, Authoritarian, and Decision-Usefulness Accounting Theories In the past, a number of different accounting theories have been developed to explain how businesses operate. These theories have been called Inductive logic, Authoritarian, and Decision-usefulness. However, they all have different strengths and weaknesses. This article focuses on the former. Let's look at the other two theories to understand why we use...
Unlevered Cost of Capital
What is unlevered cost of capital and why is it important Unlevered cost of capital (UCC) is the required rate of return on a firm's assets if the firm had no debt. In other words, it is the expected rate of return that investors would demand if they were taking on 100% of the investment risk. The UCC is important because...