In banking, do you know what is a minimum balance? Is it similar to the term minimum opening deposit? If not, then what does it mean? Do not worry if you can’t find the right answers to these questions. When I was new to banking, the same kind of questions came into my mind. Today, …
In real estate, do you know what is a wraparound mortgage? Is it a type of loan? New buyers like us may struggle to understand this term. We all know that there are several risks involved while purchasing any property. So, it’s necessary to know the financing option thoroughly before buying or selling the house. …
Do you know what is a remitter on a check? Are they the same as the payee? Relax! There are different types of checks designed for specific uses or needs. In fact, checks are a great alternative to cash, especially while traveling where cash would be a risky option. But today, we’ll focus on what …
Do you know what is dwelling insurance? Is it the same as home insurance? What does it cover? Relax, take a moment to refresh yourself! Financial institutes always offer their customers various insurance policies such as health insurance, vehicle insurance, and more. There is one more type of insurance termed dwelling insurance that most people …
Here we will know What Is Gross Revenue? And its formula as well as how can you calculate the gross revenue with an example. Where we will also discuss the difference between gross revenue and net revenue. What Is Gross Revenue?? The gross revenue denotes all the revenue a business earns before any deductions or …
Investments are of various kinds one such is debt funds. Do you know What is debt fund? Here, we will understand What is debt fund? As well as the Types of debt funds, what is a debt service fund? What is the purpose of a debt service fund? How to invest in debt funds? How …
We will know about What is the law of one price? As there exist different commodities with different prices in the market. So, here we will learn What is the law of one price? As well as the law of one price definition with the law of one price example, where we will also learn …
Do you know What is an investment farm? And how can you invest and earn from an investment farm? So, here we will learn about What is an investment farm? As well as Some key points on What is an investment farm and Factors to decide while farming investment with some of the Benefits of …
What is a bond loan? Usually, middle-class or lower families who are willing to buy a home get a bond loan. But how do these bond loans work and who issues them. Let us find out all the answers to these questions below. And under what is a bond loan? What Is A Bond Loan? …
The Minimum Interest charge is a term used in Credit Card fees so what is a minimum interest charge? The minimum interest charge is also known as a minimum finance charge. Below everything is mentioned about what is the minimum interest charge? To know more information related to finance topics then visit financeninsurance.com click here …