Category Concepts
Get a proper understanding of popular, new, and trending concepts all explained by experts for everyone to grasp.
Third World Countries: meaning, origin, limitations and more
The term “third world” has been widely used to describe developing countries for many decades. However, its use is now…
Interest rates: meaning, types and more
Interest rates are one of the fundamental concepts of finance that impact the economy and our daily lives. Interest rates…
Risk: meaning, types, mitigation techniques and more
Risk is a term commonly used in the world of business and finance. In the context of these fields, risk…
Value: meaning, types, how to calculate and more
What is value? In the financial world, the term “value” is one of the most commonly used and widely understood…
Price: meaning, strategies and more
What is price? Price is a term that is often used in the context of economics and business. It refers…
Digital currency: meaning, how it works and more
Digital currency is a type of virtual currency that is exchanged over the internet without the need for a central…
Fiat money: meaning, how it works and more
Fiat money is a common term when discussing business. Nonetheless, most individuals do not understand what it means or how…
Commodity: meaning, types, benefits, risks and more
Commodities are essential resources that are traded in the global market. They can be natural resources such as oil, gas,…
Premium: meanings, types and more
Meaning of premium The term “premium” is often used in various contexts, including insurance, finance, and consumer goods. In each…
Fast Moving Consumer Goods (FMCG): meaning, examples and more
What are Fast Moving Consumer Goods (FMCG)? Fast Moving Consumer Goods (FMCG) are products that are quickly consumed and have…