What is an irrevocable Beneficiary? This is a term used in an insurance policy. Beneficiaries are the ones who get the benefit of the insurance policy after you. The irrevocable beneficiary is one of the types of the beneficiary. In the article below we will know what is an irrevocable beneficiary and everything about it. …
There are many various types of annuities so what is a single life annuity? How does it benefit retirement? All are the questions that one might think about when planning retirement. Planning retirement is very important and is the right decision to make your life after retirement easy. Below we will tell you everything about …
When trading you must have come across a lot of shares and block trades so what is a block trade? And what does a lot of shares mean? First, you must know that a Lot of shares which means 100 shares. But a block trader does not deal with a lot of shares. So what …
You must be aware of the owner of the company but what is a principal owner? When in a business the term principal is used it can referrer to many different positions and also for several responsibilities. But the title is commonly is as a managing key of relationship whether they are inside or outside …
Here in this article, we know something about what is delinquent debt? Where the meaning of the term delinquent was also made familiar to us, with some other terms as well as, delinquent payment, delinquent account as well as delinquent debt collection. So, let us know first understand the meaning of the word delinquent before …
An annuity is an agreement that guarantees a series of payments over a specific time so what is ordinary Annuity? Two different forms of annuity are the ordinary annuity and the second is annuity due. Today let us know everything about Ordinary Annuity. What Is Ordinary Annuity? An ordinary annuity is an annuity where the …
While purchasing a real estate property or home usually involves certain terms & conditions that are specified by the seller as well as the buyer both. One such agreement that exists between the buyer and the seller of the property is the Mortgage Contingency Clause. What Is A Mortgage Contingency Clause? A mortgage contingency clause …
Here in this article, we will know about What Is Unsystematic Risk? The formula for unsystematic risk and how can you calculate unsystematic risk? The sources of unsystematic risk as well as the factors affecting the unsystematic risk. We will also know about the systematic risk that can be avoided or naturally existing in the …
Don’t know about what is the difference between gross pay and net pay as you are going to be a newbie employee. Leave the worries and continue to read further, as today I will tell you about the difference between gross and net salary. You will come to know should you use gross pay or …
Have you ever wondered about the easily calculated profit of the company? Or do you know What Is Explicit Cost? How a company can calculate its business costs as well as profits. Well, here we will discuss What Is Explicit Cost? As well as explicit cost definition and What is explicit revenue? With Examples of …