For those who want to know about the entire concept that revolves around Delphi Method which was developed and distributed along with the world by…
Demand Letters: Definition, Examples, Key features, and Steps to follow
Have you ever received a demand letter or sent one to some other person or a business? Do you know what a demand letter is…
The Importance of Money explained
Money is an indispensable commodity and its power indisputable. Both the worth and importance of money has risen over time because living without it is…
What is Primary Market? Meaning, Examples and Role
Primary market forms part of the capital market, which is involved in issuing and selling of new securities. It may or may not be directly…
Shadow Pricing: Meaning, Examples, Advantages, Uses, and Limitations
Shadow pricing is defined as allotting a monetary value to a current intangible item that does not yet have a market of its own to…
Difference between Letter of Credit and Bank Guarantee
A borrower requires an official document that can give proof that the borrower will be able to repay the debt to the lender. A borrower…
Benefit-Cost Ratio – Definition, Formula and Advantages
The benefit-cost ratio is defined as a financial ratio that determines whether the costs incurred during the execution of the task or project will be…
Hostile Takeover: Meaning, Tactics, Disadvantages & Examples
A hostile takeover is defined in simple terms as a process where a business entity is purchased by someone against the wishes of the actual…
Difference Between Foreclosure and Short Sale
When a person has taken a loan from a bank or financial institute and fails to pay the mortgage on time left with two options,…
Reverse Mortgage: Meaning, Examples, & How to get Value from it
A reverse mortgage is a financial product for people of age 62 and above who are homeowners. They can use their property to mortgage to…
Angel Investor: Types, Advantages & Disadvantages of Angel Investors
The term “angel investor” was originally used to describe the investors who invested in Broadway shows, but nowadays this term is used to refer to…
Top 10 Features of a Bank and the Banking System
Banks play an essential role in industrial work and trade. In a country, the development of a country is measured based on how well the…
What is Creditworthiness? Factors Determining Creditworthiness
Creditworthiness as the term signifies about a person or business entity’s worthiness for acquiring credit in the market. It is the creditor’s judgment on the future…
Cornering the Market – Definition and Examples
Cornering the Market can be defined as acquiring the huge number of shares of a specific security type of a firm in a niche market….
How To Calculate ROI? Return on Investment Calculation
Business has its own rules and regulations along with its terms and conditions. It is imperative that an entrepreneur learns about all its facets so…
