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June 17, 2020

Business Ownership Types

When it comes to understanding business ownership some fundamentals must be discussed to give you the basic idea. These fundamentals include the different types of businesses and ownership structures....

November 13, 2019

Money Matters

Choosing a bank should be a well-researched project. Which bank is the best for you depends on what features and amenities you most value, as well as the use and frequency of use you plan on making of...

November 13, 2019

Definition of A Bank in finance

A bank in the general sense is simply a financial institution which receives customer deposits. Due to the fact that banks have control over the money of the general population, they are usually highl...

November 18, 2019

Definition of Collateral

Collateral is any asset which is used as backing for debt. In the event of a default on the debt, the collateral is seized to cover the losses. The most common example of collateral is in a mortgage, ...

November 18, 2019

Definition of Commercial Bank

A commercial bank is one which operates the more traditional model of banking. Some of the roles of a commercial bank are:Provide a savings account for customers to safely store their moneyO...