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!
ARCH is short for “Autoregressive Conditional Heteroskedasticity”. That’s a real mouthful! In simple terms, ARCH is a type of mathematical model. It looks at how numbers change over time. Not just any old numbers though. ARCH focuses on things like stock prices, interest rates, exchange rates – stuff that goes up and down a lot…
Automatic stay is a special rule that helps people or companies who owe a lot of money and can’t pay it back right now. When they go to bankruptcy court, this rule kicks in automatically. It’s like a big pause button that stops most people they owe money to from trying to collect their money…
Automatic proportional reinsurance is a kind of deal between two companies. One company is called an insurer and it sells insurance to regular people. The other company is called a reinsurer and it helps out the insurer if a whole bunch of bad stuff happens and the insurer has to pay lots of money. How…
Automatic nonproportional reinsurance is a type of insurance that one insurance company buys from another insurance company. It’s a way for the first company (called the “insurer”) to protect itself in case a lot of the people or businesses it insures have really big losses all at once. Here’s how it works: The two insurance…
Automatic coverage is a special type of insurance contract. It’s a way for people and businesses to stay protected without worrying about their insurance falling behind. How Automatic Coverage Works Here’s the gist – when you have automatic coverage, any time you get new stuff or your property value goes up, your insurance policy automagically…
B2B stands for “business to business.” It’s when companies buy and sell things to each other using the internet. They don’t sell this stuff to regular people like you and me. Only to other businesses. It’s a really big deal. We’re talking trillions of dollars. Way more money than what companies sell to normal folks….
The Automatic Clearinghouse, or ACH for short, is a way for banks and businesses to move money around electronically in the United States. It’s a super important part of how money flows through the economy. ACH makes it possible to do things like: ACH is run by an organization called Nacha (previously NACHA—National Automated Clearing…
Automated Screen Trading is a way to buy and sell stuff like stocks, bonds, foreign money, gold, and oil using just computers. You don’t need people in a room yelling and waving papers anymore. The computers take care of everything. How it works Automated Screen Trading uses special computer programs and networks to handle all…
Authorized capital is the maximum number of common stock shares a company can issue. The company’s articles of incorporation set this number. If the company wants to issue more shares than authorized, it must change its articles first. Some call it authorized share capital, nominal capital, or registered capital. What’s the Point of Having Authorized…
Authorization risk is a big problem for companies. It occurs when employees do something they’re not allowed to do, which can get the company in trouble. See, companies have rules, and employees need to follow them. But sometimes, an employee doesn’t. They might sign a contract for the company without permission or promise the company…
