Category Concepts
Get a proper understanding of popular, new, and trending concepts all explained by experts for everyone to grasp.
Capital expenditure: Meaning, types, and more
What is Capital expenditure? Capital expenditure, also known as CAPEX is the money spent on acquiring, improving, or maintaining fixed…
Recurrent expenditure: Meaning, how it works and more
Recurrent expenditure is a term used to describe ongoing expenses that must be regularly paid to maintain the daily operations…
Debt Service: Meaning, components and more
Every day we take on credit and try to manage debts offered to us. Understanding debt service is important for…
Creditworthiness: Meaning, importance, tips and more
Creditworthiness is an important concept in the world of finance, referring to a borrower’s ability to repay a loan or…
Unemployment: Meaning, types, causes and more
Unemployment is a significant concern for governments, businesses, and individuals, as it can have severe economic and social consequences. In…
Underemployment: Meaning, types, causes and more
Underemployment can lead to a range of negative outcomes, including financial strain, reduced job satisfaction, and mental health issues. This…
Budget deficit: Meaning, types, causes and more
In the world of economics and finance, the term “budget deficit” is often heard and discussed. Budget deficits can have…
Insurance: Meaning, types, how it works and more
Insurance is a term that is commonly used in our daily lives, yet many people do not fully understand its…
Trustee: Meaning, roles, obligations and more
Trustees have legal and ethical obligations to uphold and must act in the best interests of the beneficiary. In this…
Deflation: Meaning, causes, effects, prevention and more
Deflation is a phenomenon in economics where there is a general decrease in the prices of goods and services over…