Understanding the Different Forms of Bankruptcy
Declaring bankruptcy means that you’ve filed a petition with the court to accept surrender of your estate for the benefit of your creditors. This process is also known as voluntary sequestration. The courts will only approve this process if they determine it’s in the best interests…
Understanding Financial Liquidity
In finance, liquidity takes one of two forms based on the definition of liquidity. One type of liquidity refers to the ability to trade an asset, such as a stock or bond, at its current price. Investors still use liquidity ratios to evaluate the value…
Types of Corporate Bankruptcy
Corporate Bankruptcy is the legal process by which a company or other business declares that it’s unable to pay its debts and requires relief. There are various types of corporate bankruptcy, let’s see what they are. Liquidation of the business Bankruptcy may be the best choice when the business…
How Your Credit Score Is Calculated
Your credit score is calculated using different factors in your credit report, and is used as a prediction of how likely you are to pay back a loan. When deciding whether to grant a loan, a creditor will consider if a borrower can make his…
How to Maintain a Good Credit Score
No one is perfect. We’ve all made mistakes. Unfortunately, some mistakes can result in low credit scores. The kinds of scores that can linger and make obtaining additional credit a challenge. If you don't have good credit, it's nearly impossible to correct that situation overnight. As…
How to Get a Good Credit Score
Increase your likelihood of getting both a loan and a lower interest rate by getting a good credit score. Lenders are more likely to give a loan to someone who poses less of a risk. How then do you prove to a lender that you're low risk? Here are…
The Law and Corporate Finance
Corporate finance deals in the financial aspects of a company. Corporate Finance is the field of finance dealing with financial decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximise corporate value while managing the firm's financial risks. …
The Importance of Financial Reporting for Transparency
Financial reports help creditors assess the solvency, liquidity and creditworthiness of businesses. It's a means of ensuring that the company is being run appropriately. It provides vital information about the financial health and activities of the company to its stakeholders including its shareholders, potential investors, consumers, and government regulators. …
The Impact of Recession On Business Financing In Emerging Markets
An emerging market economy describes a nation's economy that is progressing toward becoming more advanced, usually by means of rapid growth and industrialisation. These countries experience an expanding role both in the world economy and on the political frontier. Therefore investors look to emerging markets as…
The Difference Between a Credit Card and a Debit Card
Debit cards look like credit cards, but function like cash or personal cheques. Debit cards can function like an ATM card for immediate withdrawals of money. The key difference between the two cards is where the money is drawn from when a purchase is made. When…