Category Concepts
Get a proper understanding of popular, new, and trending concepts all explained by experts for everyone to grasp.
Leverage: meaning, origin and more

In the world of finance, engineering, and business, the term “leverage” holds significant importance as a fundamental concept that drives…
Finance: Meaning, types, history and more

What is finance Finance is a field that deals with cash management and investments. It encompasses various activities such as…
Fixed asset: meaning, categories, characteristics and more

What are fixed assets? Fixed assets are tangible or physical assets that are acquired by a business to use in…
Depreciation: meaning, types and more

What is depreciation? Depreciation is a term used in accounting that refers to the decrease in value of an asset…
Limited partnership: meaning, pros and cons

What is a limited partnership? A limited partnership is a type of business structure where two or more partners agree…
Sterling Overnight Interbank Average Rate (SONIA): meaning, how it works and more

The London Interbank Offered Rate (LIBOR) used to be the dominant rate used to provide efficient interest rates in pound…
Caveat Emptor: meaning, importance and more

What is caveat emptor? Caveat Emptor is a Latin term that translates to “Let the buyer beware.” The term has…
Debtor: meaning, implications and more

Debt is a common concept that many individuals and organizations face in their daily lives. When someone owes money to…
Creditor: meaning, types and more

Who is a creditor? A creditor is an individual or organization that lends money or extends credit to another party.…
Liquidation: meaning, types and more

What is liquidation? Liquidation is a term that is often used in business and financial contexts, but it can be…