Barriers to Entry: Understanding What Limits Competition
What Are Barriers to Entry? Barriers to entry is an economics and business term describing factors that can prevent or impede newcomers into a market or industry sector limiting competition.…
Infrastructure: Definition, Meaning, and Examples
What Is Infrastructure? Infrastructure is defined as the basic physical systems of a business, region, or nation and often involves the production of public goods or production processes. Examples of…
What Is an Amortization Schedule? How to Calculate with Formula
What Is Amortization? Amortization is an accounting technique used to periodically lower the book value of a loan or an intangible asset over a set period of time. Concerning a…
What Is a Mortgage? Types, How They Work, and Examples
What Is a Mortgage? A mortgage is a type of loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay…
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…
Commodity market – definition and meaning
The commodity market is a market where traders buy and sell commodities. Commodities are raw materials or primary agricultural products. In other words, things that farmers, mining companies, and oil…
What is hyperinflation, and should we be worried?
The last time inflation levels were this high in the US and Europe, flared trousers were in, roller discos were all the rage, and no one had heard of Steve…
What Is A Market Correction?
A correction is a sustained decline in the value of a market index or the price of an individual asset. A correction is generally agreed to be a 10% to…
What Is Depreciation, and How Is It Calculated?
What Is Depreciation? The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life. Depreciation represents how much…
Coronavirus And Debt: Options To Consider If You Can’t Afford To Pay Your Bills
No matter where you live in the United States, there’s a good chance that the coronavirus pandemic has affected your finances somehow. According to an April 2020 study by the…