Aggregate excess of loss reinsurance is insurance that insurance companies buy. It protects them from losing too much money in a year if many people and businesses they insure have claims that cost the company a lot. How Regular Insurance Works We first need to understand how regular insurance works to understand aggregate excess of…
Acquisition accounting is the way a company tracks money and other assets when it buys another company. It is important because it affects the company’s reported profit and worth. Acquisition vs Merger An acquisition occurs when one company buys most or all of another company’s shares to gain control of that company. A merger occurs…
All-inclusive is a kind of vacation package. Booking an all-inclusive trip means your hotel, meals, drinks, and some activities are all included in one price. You pay for everything together up front. Then you don’t have to worry about paying for each thing separately on your vacation. Where Can You Find All Inclusive Packages? You…
Allfinanz is a German word that means “all finance” in English. It’s how some banks, insurance companies, and other financial businesses organize their services. When a company uses an Allfinanz strategy, it tries to offer all types of financial services under one roof instead of focusing on just one part of finance. The goal of…
An alternative investment market is where people can buy and sell investments that are different from the usual stocks and bonds traded on the stock market. These “alternative investments” can include things like: Alternative investment markets give investors more choices besides just stocks and bonds. They operate under rules different from those of regular stock…
AIDA is a popular marketing and advertising model. It stands for Attention, Interest, Desire, and Action. It describes the step-by-step process marketers aim to lead customers through with their messaging and campaigns. The goal is to capture people’s attention, generate interest in the product or service, build desire, and drive them to act, such as…
The agro-industry, also known as agriculture or farming, is part of the economy that grows crops and raises animals to make food and materials. It is one of the oldest and most essential industries in the world. Without it, we would not have enough to eat. The main parts of the agro-industry There are two…
Staying afloat is a saying that means a business is surviving but not growing much. The company is making just enough money to keep operating. Imagine a boat in the water that is not sinking but also not moving forward very fast. That’s kind of like a business that is staying afloat. When a business…
Poise is a drum sampler that makes it quick and easy to work with drum samples. This lets you focus on making music instead of messing with settings. It has 16 drum pads, each pad holding eight different samples. You can change the pitch, volume, and balance of each sample and the volume and pitch…
An agricultural cooperative, also known as a farmers’ co-op, is a type of cooperative where farmers pool their resources together. Agricultural cooperatives help farmers get what they need to run their farms and sell their crops and other products. How Agricultural Cooperatives Work In an agricultural cooperative, farmers are the owners and members. Each farmer…
