Read about the most commonly used business and finance terminologies.

What is Compound Interest and How Does It Works?

Compound interest is interest computed on the original principle plus all accumulated interest from prior periods on a deposit or loan. It is computed by multiplying the original principal amount…

What is Mutual Funds?

It is a trust that collects money from a group of individuals with similar financial goals and invests it in stocks, bonds, money market instruments, and/or other securities. After deducting…

What Is Stock Market And How Does It Works?

The stock market is a gathering place for buyers and sellers to trade equities. People used to meet at the trading ring to purchase and sell stocks before the internet.…

What is Credit Score?

A credit score is a number ranging from 300 to 850 that represents a consumer's creditworthiness. The higher the score, the more appealing a borrower appears to potential lenders. A…

What is Insurance?

Insurance provides financial protection against loss. It is a type of risk management that is primarily used to mitigate the risk of a contingent or uncertain loss. An insurer, insurance…

How many stocks should I buy?

Let's start by taking a look at your share purchase options. Calculating the number of shares you can purchase with a given amount of money is simple, provided your broker…

What kind of stocks should I avoid?

There are four type of stocks you should avoid for investing: Low Liquid Companies: Some equities may have steadily declining prices, yet their owners are unable to sell them simply…

What type of insurance to buy?

The following insurance coverage is recommended for you, listed in order of importance: Health Insurance: Health insurance is a type of insurance that pays for a policyholder's medical and surgical…