Accumulated – Page 2 – itho's internet resources

Available-for-Sale Securities: Definition, vs. Held-for-Trading

By Itho June 25, 2010

[ad_1] What Is an Available-for-Sale Security? An available-for-sale security (AFS) is a debt or equity security purchased with the intent of selling before it reaches maturity or holding it for a…

Double Entry: What It Means in Accounting and How It’s Used

By Itho April 14, 2010

[ad_1] What Is Double Entry? Double entry is the bookkeeping principle which states that every financial transaction has equal and opposite effects as both an asset and a liability,…

Understanding Cash Value in Life Insurance: Definition and Example

By Itho January 23, 2010

[ad_1] What Is Cash Value Life Insurance? Cash value life insurance is a type of permanent life insurance that includes a savings component. The policyholder can use the cash value…

Bank Capital: Meaning and Classifications

By Itho November 5, 2008

[ad_1] What Is Bank Capital? Bank capital is the difference between a bank's assets and its liabilities. It is the bank's net worth. The asset portion of a bank's capital…

Education Loan: Definition, Types, Debt Strategies

By Itho October 28, 2008

[ad_1] What Is an Education Loan? An education loan is a sum of money borrowed to finance a post-secondary education or higher education-related expenses. Education loans are intended to cover…

Balanced Budget: Definition, Example of Uses, and How to Balance

By Itho April 29, 2008

[ad_1] What Is a Balanced Budget? A balanced budget is a situation in financial planning or the budgeting process where total expected revenues are equal to total planned spending.…