Bad Debt Expense
A business is always at risk so many times, one of these risks is offering goods and services on credit to customers who may likely fail to pay up. It’s a personal choice for a business to write off...
A business is always at risk so many times, one of these risks is offering goods and services on credit to customers who may likely fail to pay up. It’s a personal choice for a business to write off...
Are you in search of a high-yield savings account that gives the best interest rate on your savings? In this article, we would be exploring the top 10 High-Yield Banks savings account and their intere...
On Tuesday, Well's Fargo reported that it would support the launch of the Black Business Fund to capitalize on seven CDFIs and award $13.5M grants to Expanding Black Business Credit (EBBC) initiative....
Financial literacy for kids is an essential concept that teaches kids how to handle money well. Financial education is especially important at all grade levels, although it can frequently be an obstac...
When investing is concerned, there are some practices that one needs to be aware of, especially those investors who have people trade for them. One of such practices is churning.What is Churning?Churn...
Financial products and services have expanded across society more and more in recent decades. While prior generations might have mostly paid cash for their purchases, different credit instrument...
What is the definition of a Basel III in finance? DefinitionBasel III is the third part of a three series international banking accord known as the Basel Accords. It was first created by the...
This is a discount billing term on credit purchase. It is a 1% discount payment made available for debtors who are able to pay up their debt within 10 days of its required 30 days. However, if no paym...
Debt negotiation is a huge relief for many borrowers who find it difficult to complete the payment of their debt due to some circumstances. This process is a great way to be free of some financia...
First Bank of Nigeria Holdings (FBNH) recently appointed Mr. Olusegun Alebiosu as its acting CEO.The announcement was made public on Sunday evening after the bank confirmed Alebiosu's appointment in a...