Tag: Financial terms

June 23, 2020

What is Risk in Finance?

“Risk” is a general term that is used in different contexts. It can be defined as the probability of an outcome not coming out as expected, usually in the negative. In finance, risks mostly have t...

April 28, 2020

What does First Capital, Inc do

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...

February 25, 2020

Accidental Death Benefit

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...

February 24, 2020

Basis

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...

February 24, 2020

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...