Basis Point (BPS)
What is the definition of a Basis Point (BPS) in finance? DefinitionA basis point is a unit of measurement equals to .01 or 1/100th of 1% (1 percent). According to its calculation 1 BPS equa...
What is the definition of a Basis Point (BPS) in finance? DefinitionA basis point is a unit of measurement equals to .01 or 1/100th of 1% (1 percent). According to its calculation 1 BPS equa...
Everybody wants to be financially independent but when we look around us today, the rate of people who are below the stability line is far more than those who are financially independent. The reason f...
A margin call is a situation that occurs when an investor’s margin account value decreases below the broker’s required amount. The margin account is the account that holds all an investor’s borr...
First Capital, Inc. (FCAP) is a financial company, the bank operates a savings and loan holding company of First Harrison Bank (the Bank). It is a federally-chartered savings bank. The bank provides v...
The question about how money is created in the US comes up a lot. This is because many people wonder why a country that produces its own money would still be in debt. One thing is certain, the Treasur...
Contrary to what many people expected at the beginning of the year, 2020 has taken a different course entirely. Perhaps you planned that 2020 was “the year” to finally go on a vacation or get a ne...
In an event of failed tax payment or tax debt neglect, the government can make a legal claim over a tax payer’s property, including personal property, real estate, and financial assets. Such t...
The current #BlackLivesMatter has created an avenue for black-owned companies to rise against the tide of segregation and discrimination. Black-owned companies that have suffered long-term discriminat...
The Nigerian stock exchange has issued a statement stating that 13 companies that are listed on the exchange failed to file their financial statement documents on time. The unaudited financial stateme...
Small-and medium-sized businesses in the United States have been some of the hardest-hit companies—especially black-owned businesses— since the wake of the coronavirus pandemic this year. Economic...