Category Concepts
Get a proper understanding of popular, new, and trending concepts all explained by experts for everyone to grasp.
Socialism: meaning, types, history and more
What is socialism? Socialism is a political and economic theory that seeks to create a society in which the means…
Auction: Meaning, types, tips and more
An auction is a public sale of goods or services where potential buyers place bids and the highest bidder purchases…
Capitalism: meaning, origin, types, and more
The concept of capitalism has been subject to much debate, criticism, and interpretation over the years. In this article, we…
The big four: KPMG, Deloitte, Ernst & Young, PWC
The global accounting industry is dominated by four major players, commonly referred to as the “Big Four.” These firms are…
Power of attorney: meaning, types, and purposes
What is power of attorney? Power of attorney (POA) is a legal document that enables a person, also known as…
Underwriting: meaning, types, risks and more
Underwriting is a critical process in the financial industry that helps businesses obtain funds for various purposes. It involves evaluating…
Prospectus: meaning, types, importance and more
Meaning of prospectus A prospectus is a document issued by a company or an organization, typically in the form of…
Debt security: meaning, types, benefits, risks and more
Debt securities are financial instruments that allow investors to lend money to an issuer for a specified period of time…
Financial instrument: meaning, types and more
Financial instruments are essential tools used by individuals and businesses to manage their financial resources and achieve financial goals. They…
Royalties: meaning, types, calculation and others
Royalties are a crucial component of various industries, including music, literature, and film. However, despite their importance, many individuals are…