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 broker loan is a type of loan that banks give to securities firms or brokers. The loan is for a short time and the securities firm or broker must pay it back quickly. The securities that the firm or broker buys with the loan money are used as collateral. This means the bank can…
The Broad Evidence Rule is part of insurance law. It applies when something is damaged or destroyed, and the owner files a claim with their insurance company to collect money. Figuring out how much to pay Under the Broad Evidence Rule, the insurance company can examine all kinds of information to determine the actual cash…
Bridge equity is money that banks or investors give to a leveraged buyout (LBO) fund or private equity fund. This money helps the fund buy a company. The fund uses bridge equity when it does not have enough of its own money yet to pay for the whole company. Bridge equity is a special kind…
BRICS is a group of five major emerging countries – Brazil, Russia, India, China and South Africa. These countries are all at a similar stage of newly advanced economic development. They are known for their large, fast-growing economies and significant influence on regional affairs. BRICS also refers to the informal yearly summit between these nations….
The Bretton Woods System was a way countries agreed to handle their money between 1944 and 1971. It stated that the value of each country’s money should stay the same. The US dollar was used to decide this value. Why was it created? In July 1944, near the end of World War II, leaders from…
The Bretton Woods Conference took place in 1944. A group of important people from 44 countries met in Bretton Woods, New Hampshire, in the United States, to discuss the world’s big money problems. Things were pretty messed up after World War II. Goals of the Conference The main point of this meeting was to figure…
The whole point is to transition the new stock from a controlled sale to openly trading on the market. Breaking the syndicate is a crucial step in that process. Lock-Up Period for Early Investors Early investors and company insiders often have to hold their shares for a lock-up period, usually 90-180 days. This includes people…
A box spread is a special kind of options trading strategy. Options are a type of financial product that give you the right to buy or sell something, called the underlying asset, at a specific price by a certain date. How Box Spreads Work When you do a box spread, you create a position that…
Bounded rationality is an idea from behavioral economics and finance. It says that people and companies cannot always make the best decisions because: Satisficing instead of optimizing When people have bounded rationality, they try to make decisions that are “good enough” or satisfactory. This is called satisficing. They do not try to make the absolute…
A bought deal is a special way companies can raise money. They sell stocks or bonds all at once to banks or big investors. These banks and investors buy everything the company wants to sell. The company knows exactly how much money it will get. How Does It Work? In a bought deal, the company…
