A debt or loan is the money you owe to someone, but from the financial context - is a contract held between issuer and borrower on a prefixed rate of interest to repay the original amount for a particular maturity period (or span of bond). You would find many debt instruments that are available in [...]
The precious yellow metal has been one of the ancient discoveries of human civilisation that exhibits elemental properties of transition- (bonds with other metals), shiny, soft in nature, non toxic, ductile (stretch into gold threads), malleable (break into thin sheets), un-reactive (does not corrode) with highest purity measured in 24 carats of gold. Different Ways [...]
Money is the most important factor of survival in today's generation. Whether it be paperbound or the virtual presence the value of it is what defines everything in the world. It's not compulsory for a person to be an economist to understand the importance of money in the world. Just like a person needs food [...]
Banks, in general, are financial institutions who accept money from savers as deposits, provide loans/advances to individual or firms in need of money and make investments for those who want to secure their future. It’s easier, to sum up how banks earn money in just four simple ways- 1) The interest paid by people for [...]
