Accounting Basics

In the investing world, a half-life is the halfway point of mortgage repayment. How It Works (Example):…

In personal finance, the term credit rating commonly refers to a score issued by the Fair Isaac…

Credit quality is a measure of an individual's or company's creditworthiness, which is ability to…

A bullet loan is a loan that does not amortize over time and must be…

Average balance is either the simple or the weighted average balance of a financial account…

The golden rule is very simple: treat people the way you want to be treated.…

International bonds are debt securities issued by foreign companies or governments and sold domestically. How…

Face value, also referred to as par value or nominal value, is the value shown…

Baby bonds are bonds with a par value below $1,000. Additionally, the term also refers…

Simple interest is a basic formula for calculating how much interest to apply to a principal balance.…