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Understanding Commercial Insurance: Protect Your Business

By Itho November 6, 2008

[ad_1] What Is Commercial Insurance? Commercial insurance, often referred to as business insurance, safeguards companies from the financial impact of unexpected events like lawsuits, natural disasters, or accidents. This type…

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…

Canceled Check Definition and How To Get a Copy

By Itho October 31, 2008

[ad_1] What Is a Canceled Check? A canceled check is a check that has been paid or cleared by the bank it was drawn on after it has been deposited…

Board of Trustees: What It Is, Who’s Included, and Responsibilities

By Itho October 28, 2008

[ad_1] What Is a Board of Trustees? A board of trustees is an appointed or elected group of individuals that has overall responsibility for the management of an organization.…

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…

Economic Recovery Tax Act of 1981 (ERTA): Overview

By Itho October 28, 2008

[ad_1] What Was the Economic Recovery Tax Act of 1981? The Economic Recovery Tax Act of 1981 (ERTA) was the largest tax cut in U.S. history. Signed by President Ronald…