Bank
A bank is a financial institution that accepts deposits and uses the money for lending it individuals and/or businesses, directly or indirectly. It is basically a financial intermediary that connects customers that are in need...
Tagged: Personal Finance
Fixed Income
The term “fixed income” means a sort of investment that can not be classified as an equity position, but which provides an obligation to the issuer or borrower to pay against it on a...
Personal Finance
Principles of finance are applied at different levels for taking monetary decisions, right from the level of an individual to a nation’s economy. Application of these principles at the level of an individual or...
National Credit Union Administration (NCUA)
The National Credit Union Administration (NCUA) is the independent federal agency that regulates charters and supervises federal credit unions. With the backing of the full faith and credit of the U.S. Government, NCUA operates and...
Subprime Lending
Subprime lending is a term for when a loan is provided to candidates whose credit worthiness is deemed as a risk. When an individual needs money they obtain it from a bank as a...