Basic Financial Concepts

The progressive tax system is widely used around the world. It is based on the idea that the more taxable...

Public sector entities in the United States require their own system for accounting. These will be used in all state,...

The word 'omnibus' refers to one item that contains inside a number of different items. For example, when we say...

Investing in the future is always a great idea, and this is why we bother with things like pensions. If...

When some of us first hear about a jumbo CD we may get a mental picture of compact disc packed...

People will usually have different types of income. For instance, they may have their salary and other money they get...

Different financial instruments will have a face value. This is referred to as a notional amount or notional value. The...

An allonge is something that may sound quite exotic, but it is actually quite a simple document. It is generally...

If a company or individual is in a situation where they can no longer pay their bills it is referred...

When it comes to paying money for work to be done, there are a number of options. One way of...

The best advice a finance advisor can give a client is to have a diversified investment portfolio. This means that...

In today's tough economy you may find yourself needing some kind of financial help at some point in your life....

Whenever a person takes out a loan, secures finance for a venture or refinances an asset, there is always a...

Thinking about what happens after we die might sound a bit morbid, but if we don't do this it could...

If you owe money to another it is sometimes possible for this to be deducted from your salary. Garnished wages...

A private equity firm specializes in high risk investments that can produce impressively high rewards. They deal in those assets...

Loans can be repaid in a number of different ways. The creditor might be expected to pay back the money...

Sometimes we need to get our hands on cash in a hurry. This can not only be important for the...

Sometimes borrowing money can be difficult. Creditors might be afraid to touch us if we have no real credit history....

When it comes to investing money there are a number of possible options. One possibility is a fixed deposit account....