Interest Expenses: How They Work, Coverage Ratio Explained
What Is an Interest Expense? An interest expense is the cost incurred by an entity for borrowed funds. Interest expense is a non-operating expense shown on the income statement. It…
23 Congressional Democrats Call on EPA to Investigate Bitcoin Mining Facilities
A group of 23 US politicians led by Rep. Jared Huffman have urged the EPA to investigate if Bitcoin mining firms are following environmental rules. They specifically expressed their “serious…
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…
What Is Bitcoin (BTC)?
Bitcoin (BTC) is the OG crypto: It is the oldest and still the most prominent cryptocurrency on the market, with a market cap of about $826 billion as of Feb.…
What Is Initial Margin? Examples and Minimums
When an investor buys a security using a margin account, the initial margin or initial margin requirement is how much of the purchase price – represented as a percentage –…
Fiat Money: What It Is, How It Works, Example, Pros & Cons
What Is Fiat Money? Fiat money is a government-issued currency not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. The…
National Credit Union Administration (NCUA)
What Is the National Credit Union Administration (NCUA)? The National Credit Union Administration (NCUA) is an agency of the United States federal government. The federal government created the NCUA to…
Office of the Comptroller of the Currency (OCC) Structure, Powers
What Is the Office of the Comptroller of the Currency? The Office of the Comptroller of the Currency (OCC) is a federal agency that oversees the execution of laws relating…
Bitcoin Price Tumbles as Chinese Notices Roil Market
Crypto prices fall as China’s government agencies reiterated a tough stance towards Bitcoin. Prices for Bitcoin (BTCUSD) and other major cryptocurrencies plunged Friday morning after Chinese authorities reiterated their tough…
Asset Allocation And Your Portfolio
People who gamble on sports generally bet all their money on one team. If their team wins, they reap the rewards. And if their team loses? They lose it all.…