Finance

The use of financial terms is very diverse and is found almost everywhere. Every day we need to understand the explanations of various financial terms, of which you can find more than 250 collected terms on the website.
Accounting period
financial

Accounting period – the time for which profits are being calculated, normally months, quarters or years.

Annual return
Accounting
financial

Annual return -The profit or loss on an investment over a one-year period. The annual return is the return on an investment generated over a year and calculated as a percentage of the initial amount of investment.

Asset
financial
Accounting

Asset - An item with economic value, such as stock or real estate. It is owned or controlled by an individual, company, or organization. Assets can include physical assets like property and equipment, financial assets like stocks and bonds, and intangible assets like patents and trademarks. Assets are recorded on the balance sheet and represent the economic value of an entity.

Credit history
financial

Credit history - A report detailing an individual's or business's past credit arrangements. A lender may seek a credit history when assessing a loan application.

Credit Report
financial

Credit Report - A summary of your credit activity and current credit situation such as loan paying history and the status of your credit accounts. Lenders use these reports to help them decide if they will loan you money and what interest rates they will offer you.

Crowdfunding
business terms
financial

Credit history - A report detailing an individual's or business's past credit arrangements. A lender may seek a credit history when assessing a loan application.

Exchange rate
financial

Exchange rate - A number used to compare the value of money in two different countries/currencies. For example, it determines how many pesos or euros you could get for one US dollar. Exchange rates are always viewed in relation to the exchange rate of another currency.

Virtual currency
financial

Virtual currency - an electronic money. It’s a digital representation of value that is not issued by a government, such as a central bank or a public authority, but is accepted as a means of payment and can be transferred, stored, or traded electronically.