Tag: business

DefinitionA credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on...

What is depreciation and how does it work Depreciation is an accounting method used to spread the cost of a long-term asset over its useful...

The amount of money that a company generates during a specific time period is called as ‘earnings’. This amount of money, to put it...

What is a 'Range' The difference between the low and high prices for a security or index over a specific time period....

What does 'Underlying' mean Underlying, in equities, is the common stock that must be delivered when a warrant is exercised, or when a convertible bond...

What is 'UBS' A multinational diversified financial services company headquartered in Switzerland. UBS is involved in virtually all major financial activities, including...

DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...

What does 'Illiquid' mean Illiquid refers to the state of a security or other asset that cannot easily be sold or exchanged for cash without...

Definition In finance, a "hard asset" may be real estate, commodities, or energy. For example, gold and silver are regarded as "hard" assets. Other types...

DefinitionIn business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without...