What is an Accidental Death Benefit? Meaning of an Accidental Death Benefit and how it Works The accidental death benefit works just like an insurance policy and involves paying the agree...
What is the definition of a Basis in finance? DefinitionIn finance, the term basis can be used to refer to a lot of things, however, the most used is the difference between prices and expenses fo...
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 Basic Earnings Per Share (EPS) in finance? There are many financial tools that help investors keep track of their investments. One of such is the basic earnings p...
What is a Baseline in finance?DefinitionGenerally, a baseline is used to establish comparisons of different entities; the same applies in finance. A baseline is also known as ‘base’. It is very we...
On Monday, Feb 24, 2020, Bernama state news agency reported that subsidiaries of Goldman Sachs (GS) numbering three pleaded not guilty to charges of misleading investors regarding $6.5 billion i...
What Is Life Insurance?Life insurance is an insurance policy whereby the potential insured and the insurance policyholder signed a contract where the insured agreed to pay a stipulated beneficia...
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...
What is the definition o a Basel IIDefinitionBasel II is the second part of what is known as the Basel Accords, a three-part international banking framework created by the Basel Committee on Bank Supe...
What is the definition of a Basel 1DefinitionBasel I (also known as the 1988 Basel Accord) is a set of international banking rules created by the Switzerland-based Basel Committee on Bank Supervision ...