Get smart about money! This part of our site is all about the stuff they teach in business school. We’ll walk you through the ins and outs of cash, banks, stocks, and big money numbers. It’s not as hard as it sounds—we make it so easy that even a kid could understand.
We’ve got many articles on running a company, tracking where your money goes, and how the money world works. Our guides will give you the lowdown on accounting, which is just a fancy word for keeping track of your dollars. We’ll also dive into economics—the big picture of how money moves around town and worldwide.
Don’t worry about getting lost in the jargon.
We’ll break it down into plain English, a cinch to read. No need to be a math whiz either. You’re all set if you can count to ten and know your pluses from your minuses. We’ll avoid the head-scratching theories and stick to the essential bits.
So, this is the spot for you whether you’re keen to start your own biz, get a handle on your piggy bank, or just want to sound smart at parties. We’ve got your back with the inside scoop on all things money. Let’s get cracking!
A cliquet option allows investors to protect their market gains over time. This complex financial tool, a ratchet option, acts like a series of connected options to secure profits at specific checkpoints. How Cliquet Options Work The core feature of cliquet options is their ability to capture and protect profits. These options regularly check their…
The Clearing House Interbank Payment System, commonly known as CHIPS, is America’s largest private-sector payment clearing and settlement system. Operating since 1970, it processes and settles large-value payments in U.S. dollars between financial institutions worldwide. The system handles approximately $1.8 trillion in domestic and international payments each business day, making it an essential part of…
The Clearing House Automated Payment System (CHAPS) represents the backbone of high-value money movement in the United Kingdom’s financial sector. This sophisticated payment system enables banks, businesses, and individuals to transfer large amounts of British pounds sterling between accounts within the same business day. History and Development CHAPS began operations in 1984 as a response…
A clearing member is an organization that has direct access to a clearinghouse and plays a crucial role in financial markets. These members occupy a special position in the trading ecosystem because they can process and settle trades not just for themselves but also for other market participants who lack direct clearinghouse access. The relationship…
The clearing margin represents the money or collateral that clearing members must deposit with an exchange to guarantee their trading obligations. These clearing members act as intermediaries between traders and the exchange, ensuring the smooth functioning of financial markets. The exchange requires this margin to protect itself against potential losses if traders default on their…
The clearing cycle describes how money moves from one person or business to another through the banking system. This process happens millions of times daily when people pay for things, but most never see what goes on behind the scenes. The clearing cycle can take several days as money travels through different banks and checking…
A cleared balance shows how much money someone can use in their bank account. This number only counts money that the bank has fully processed and verified, leaving out any pending deposits or payments that have yet to go through. What Makes Up a Cleared Balance The cleared balance represents the actual usable money in…
A clean-up requirement is an important part of many revolving credit facilities. Borrowers must periodically pay back all the money they’ve borrowed. This practice helps lenders ensure that borrowers aren’t too dependent on their credit line and can find other ways to get money when needed. The requirement acts like a regular check-up on the…
A clawback occurs when someone has to give back money they received earlier. In business, this often involves companies that are going bankrupt or dealing with serious money problems. The term has become more common as regulators and companies try to ensure everyone gets treated fairly when a business runs into trouble. Types of Clawback…
Companies divide their ownership into shares of stock, but not all shares are created equal. Classified stock means a company issues different types of common stock that give shareholders varying levels of power and benefits. These different share classes let companies control who gets more say in company decisions and who receives certain financial rewards….
