Credit Default Swap (CDS) What is a Credit Default Swap (CDS)? A credit default swap (a type of credit derivative contract) refers to a financial contract that permits an investor to...
What is a Bad Credit? Bad credit is a historical bad report on a person's debt payment. The record states the person's inability to pay his or her debt when it was expected and the likelihood tha...
What is the definition of a Basel 1DefinitionBasel I (also known as the 1988 Basel Accord) is a set of international banking rules created by the Switzerland-based Basel Committee on Bank Supervision ...
What Is Life Insurance?Life insurance is an insurance policy whereby the potential insured and the insurance policyholder signed a contract where the insured agreed to pay a stipulated beneficia...
What is the definition of a Basis Point (BPS) in finance? DefinitionA basis point is a unit of measurement equals to .01 or 1/100th of 1% (1 percent). According to its calculation 1 BPS equa...
In today's world where there are lots of debt to clear and financial issues to attend to, saving up to $10,000 is not an easy feat. If after sorting out your debt and other financial responsibilities,...
As a beginner investor in real estate, have you ever gotten to that point where all the available strategies in podcasts, blogs, and videos seem overwhelming that you find yourself stuck in the middle...
The current Covid-19 crisis has left many businesses in ruins. In such trying times, the best stock that can boost your portfolio range from tech companies to pharmaceuticals and food processing compa...
The back-end ratio, also known as the debt-to-income ratio, is a ratio that indicates what portion of a person's monthly income goes toward paying debts. Total monthly debt includes expenses, suc...
The House Democrats presented a $3 trillion coronavirus pandemic relief to the House on Tuesday. The relief package is meant to serve as second-round support to provide financial aid to American citiz...