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Delivered Ex-Ship (DES): Differences From DAT and DAP

By Itho November 26, 2003

[ad_1] What Is Delivered Ex-Ship (DES)? Delivered ex-ship (DES) was a former Incoterm used in international shipping contracts that required sellers to deliver goods to a specified port of arrival,…

Discounts: Definition and Different Types

By Itho November 26, 2003

[ad_1] What Is a Discount? In finance and investing, a discount refers to a situation when a security is trading for lower than its fundamental or intrinsic value. In fixed-income…

What Is a Bottom Line in Accounting, and Why Does It Matter?

By Itho November 26, 2003

[ad_1] What Is the Bottom Line? The bottom line refers to a company's net income and is also known as earnings, or profit, or earnings per share (EPS). The reference…

Bretton Woods Agreement and the Institutions It Created

By Itho November 26, 2003

[ad_1] What Was the Bretton Woods Agreement and System? The Bretton Woods agreement was negotiated in July 1944 by delegates from 44 countries at the United Nations Monetary and Financial…

Economic Depression Explained: Causes, Impacts, and Examples

By Itho November 26, 2003

[ad_1] What Is a Depression? A depression is a severe and prolonged downturn in economic activity. A depression may be defined as an extreme recession that lasts three or more…

Discount Broker: Definition, What They Do, Downsides, and Cost

By Itho November 26, 2003

[ad_1] What Is a Discount Broker? A discount broker is a stockbroker who carries out buy and sell orders at reduced commission rates compared to a full-service broker. However, a discount broker…