Fractional Reserve Banking: Definition and How It Works
Fractional reserve banking is a core concept to understand how banks work…
Certified Public Accountant (CPA): Definition, What CPAs Do
What is a CPA? And when might you need one? Although these…
What Is Accounting Software? Definition and Features
Accounting software stores a business’s financial transactions, automates accounting tasks, like recurring…
Self-Serving Bias: Definition and Examples
What Is Self-Serving Bias? Self-serving bias is a cognitive bias in behavioral…
What Is Accounting? Definition and Basics, Explained
Accounting is the practice of tracking your business's financial data and interpreting…
What Is E-Commerce? Definition and How It Works
E-commerce is the buying and selling of products and services online. If…
Capital Investment Definition
What Is Capital Investment? Capital investment is the acquisition of physical assets…
Definition in Trading, Meaning and Comparison to Brokers
What Is a Dealer? Dealers are people or firms who buy and…
Effective Annual Interest Rate: Definition, Formula, and Example
What Is an Effective Annual Interest Rate? An effective annual interest rate is…
Import: Definition, Examples, and Pros and Cons By Troy Segal Updated Jan 20, 2021
Import: Definition, Examples, and Pros and Cons By Troy Segal Updated Jan…