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 currency crisis happens when a country’s money suddenly loses a lot of its value. This massive drop in value creates huge problems for the country’s economy and its people. Many famous currency crises have happened throughout history, like the Asian Financial Crisis in 1997 and the Russian Ruble Crisis in 1998. What Makes a…
A currency basket represents a group of different currencies mixed together to create a stable measuring tool for other currencies. Think of it like having multiple strong currencies working together instead of relying on just one. Many countries, especially those with developing economies, use currency baskets to manage their own money’s value. How Currency Baskets…
A cure period is a special amount of time that a borrower gets if they miss a payment they were supposed to make. It’s usually between 30 and 90 days long. During this time, the borrower can still make the payment they missed without getting in bigger trouble. Key Characteristics 30-90 Day Timeframe The special…
Cumulative voting helps small shareholders have more say in company decisions. Under regular voting rules, shareholders get one vote per share for each open board seat. With cumulative voting, they can bundle all their votes together for one director position. This means someone with fewer shares can focus their voting power to get at least…
Cumulative preferred stock is a special kind of stock that some companies offer. It’s different from regular stock, which is also called common stock. How is it Different from Common Stock? When you buy a share of common stock, it means you own a tiny piece of the company. If the company makes money, you…
Cubic spline interpolation is a way to find new points between some points you already know. It gives you a smooth curve that goes through all your original points. Imagine you drew some dots on a piece of paper. How could you connect the dots with a smooth curving line? If you tried to use…
A nepo baby is a kid with famous parents. Their mom or dad is probably an actor, singer, model, or something else cool. Because of this, the kid gets a head start in life and has an easier time becoming famous, too, even if they aren’t always the most talented. Why do we call them…
Companies own many different things that help them make money and stay ahead of other businesses. Among these belongings, some stand out as extra special – we call these the crown jewels. Just like real crown jewels worn by kings and queens sparkle the brightest, a company’s crown jewels shine as their most important assets….
A crowded trade happens when many investors put their money into the same investment at once. Think of it like everyone rushing to buy the newest smartphone model – prices go up fast because lots of people want it. The same thing happens in financial markets when traders and investors pile into what they think…
The crossover discount rate happens when two different investment projects show the same net present value at a specific discount rate. Think of it as a meeting point where both investments look equally good in terms of their value today. This special rate helps managers compare different investment options, especially when they need to pick…
