Barter – Barter is paying for goods or services with other goods or services, instead of with money. It is often popular when the quality of money is low or uncertain due to high inflation or counterfeiting, when people are asset-rich but cash-poor, or when taxation/extortion by criminals is high.
CIBIL Score, an ominous term that makes even the most financially aware among us squirm in our seats. Maintaining a healthy credit score is vital to our financial well-being. The first credit information company in India, the Credit Information Bureau (India) Limited (CIBIL) was established in 2000 and has since been the most popular credit…
The first company to be listed on the Bombay Stock Exchange (BSE) was D.S. Prabhudas & Company, now a joint venture partner with Merrill Lynch known as DSP. Also read: #FindOutFriday: 2008 was Berkshire’s worst year in the 44 years
Being in debt is stressful and can negatively affect the quality of your life. It can be so overwhelming that you go into a loop of mounting debts to drown your worries in momentary spending. As you know, this is a destructive cycle and will only do more harm than good. But, not all is…
Liquidate – As a business and legal term, liquidation refers to the closing of a business and distribution of its assets to the creditor and/or owners of the business.
Making heathy finacial choices requires actionability of good decissions. Looking at the past, from 1844 to 2012, we have identified some of the best investments ever made in the history of modern business.
Prior to founding Tesla, Inc. in 2003, Elon Musk co-founded X.com, an online payment company in 1999 that eventually became PayPal. The company was then acquired by eBay for $1.5 billion in stock (of which $165 million was given to Musk).
Payment delays cause nearly 23% of Indian B2B businesses to lose revenue. This seems to be predominantly due to insufficient availability of funds. Source: India: the country most affected by late payment, 2018 Atradius Payment Practices Barometer
Diversifying portfolios are a critical part of modern investment strategies. Subscribing to different monetary instruments that are unevenly spread across the financial layout of the economy will shield you from potential losses. Of course, it has to be emphasized that there is no guarantee that losses will not be procured. The key is to make…
Assignor – An assignor is a person who has the power to transfer the rights they hold to another person or entity.