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!
Insurance companies need money ready when people make claims. The money they set aside is called a claims reserve. This article explains claims reserves, how they work, and why they matter for both insurance companies and their customers. What Is a Claims Reserve? A claims reserve represents money an insurance company keeps available for claims…
Confidential mediation is a way to solve arguments or disagreements between people in private. This means that what is said during mediation must be kept secret. Mediation involves a neutral person called a mediator who helps the people in the argument find a solution that works for everyone. The process of confidential mediation The mediation…
A silent partner is someone who puts money into a business but doesn’t have much say in how the business is run day to day. The silent partner is not involved in managing the company. They are more of an investor than a boss or manager. Why would someone want to be a silent partner?…
A claims made basis insurance contract is a special type of agreement between an insurance company and a person or business they are insuring. This contract says the insurance company will pay money to the insured party, but only if certain things happen. The most important part is that the insurance company will only pay…
A chooser option is a special type of option contract in finance. It lets the person who buys it pick between a call option and a put option. The call and put options have the same strike price and expiration date. What makes a chooser option special Chooser options are different from regular options in…
A Chinese Wall is a special system used by banks and other financial companies. It keeps certain groups of workers separate from each other. This is important because some of these workers, like bankers, meet with the bank’s clients and help them make business deals. Meanwhile, other workers, like investment analysts, have access to private…
A chief investment officer, or CIO for short, is the head honcho when it comes to managing money at places like hedge funds and mutual funds. They’re the ones in charge of looking after one or more investment portfolios. And boy, do they have their work cut out for them! Calling the Shots on Strategy…
A Chief Financial Officer, or CFO for short, is one of the top bosses at a company. They are in charge of taking care of all the money stuff. This means they keep an eye on the cash that comes into the company, and the cash that goes out. They want to make sure the…
The Chief Executive Officer, or CEO for short, is the top boss of a company. They are in charge of leading and managing the whole business. The CEO’s job is to make sure the company is successful and making money. The CEO’s role The CEO has a really important job. They have to come up…
Cherry picking has two main meanings: Cherry Picking in Bankruptcy Cases Master Agreements and Netting Usually, when two companies do business together using derivative contracts or repurchase agreements, they sign a master agreement. The master agreement covers all the different contracts and agreements between the two companies. Some places have laws that recognize “netting”. Netting…
