What is IPO and how does it work?

What is IPO When a firm seeks to generate money by selling securities or shares to the public for the first time, it announces an initial public offering (IPO). An…

Read more about the article What is a Industry and what are the Types of Industries?
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What is a Industry and what are the Types of Industries?

Industries and its Types An industry is a type of economic activity where products are created and raw materials are handled by powerful machinery. A set of businesses with comparable…

What is an Economy?

What's an Economy? An economy is typically based on a territory, such as a country or a town, and it depends on the resources or riches that are present in…

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 Banking and How do Banks Make Money?

What is Banking and How Do Banks Profit? Banking is the business of safeguarding other people's money. Banks lend this money, earning interest and profit for both the bank and…

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…