What is a Distributed Ledger?
Ledgers, the accounting foundation, are as ancient as writing and money. Their medium has been clay, wooden tally sticks (that were a fire hazard), stone, papyrus, and paper. Once computers…
What Is a Certificate of Deposit?
A certificate of deposit (or CD) is considered a type of savings account, but a CD holds your money for a fixed time period in exchange for a higher rate…
Annual Percentage Rate (APR): What It Means and How It Works
What Is Annual Percentage Rate (APR)? Annual percentage rate (APR) refers to the yearly interest generated by a sum that’s charged to borrowers or paid to investors. APR is expressed…
What Is DeFi? Decentralized Finance, Explained
DeFi, short for decentralized finance, is more than just a popular buzzword in cryptocurrency. It’s a concept that is disrupting the centralized financial services model, equalizing access and bringing more…
What Do the Federal Reserve Banks Do?
In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S. government. In addition to…
What Is a Laissez-Faire Economy, and How Does It Work?
What Is Laissez-Faire? Laissez-faire is an economic theory from the 18th century that opposed government intervention in business affairs. The driving principle behind laissez-faire, a French term that translates to…
What do rising interest rates mean for you?
Note: ZPEnterprises is not a licensed investor/financial advisor, but we are trying to share awareness of financial topics. Please do further research and work with a licensed financial advisor. The…
Interest Rates: Different Types and What They Mean to Borrowers
What Is an Interest Rate? The interest rate is the amount a lender charges a borrower and is a percentage of the principal loaned. The interest rate on a loan…
Accrued Interest Definition & Example
What Is Accrued Interest? In accounting, accrued interest refers to the amount of interest that has been incurred on a loan or other financial obligation as of a specific date…
Principal: Definition in Loans, Bonds, Investments, Transactions
What Is Principal? The principal is most commonly used to refer to the original sum of money borrowed in a loan or put into an investment. It can also refer…