http://www.mybiginfo.com The What, Why, When and Who of everything Wed, 17 Mar 2010 08:54:40 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://www.mybiginfo.com/what-is-inflation http://www.mybiginfo.com/what-is-inflation#comments Thu, 25 Feb 2010 05:12:44 +0000 admin http://www.mybiginfo.com/?p=418 Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service. There are several variations on inflation: Deflation is when the general level of prices [...]]]> http://www.mybiginfo.com/what-is-inflation/feed 0 http://www.mybiginfo.com/what-is-stock-exchange http://www.mybiginfo.com/what-is-stock-exchange#comments Tue, 23 Feb 2010 03:41:32 +0000 admin http://www.mybiginfo.com/?p=350 Stock Exchange A stock exchange is an entity which provides “trading” facilities for stock brokers and traders, to trade stocks and other securities. Stock exchanges also provide facilities for the issue and redemption of securities as well as other financial instruments and capital events including the payment of income and dividends. The securities traded on [...]]]> http://www.mybiginfo.com/what-is-stock-exchange/feed 0 http://www.mybiginfo.com/what-is-gdp http://www.mybiginfo.com/what-is-gdp#comments Fri, 27 Nov 2009 07:09:07 +0000 admin http://www.mybiginfo.com/?p=314 The gross domestic product (GDP) or gross domestic income (GDI) is a basic measure of a country’s overall economic performance. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living,though its use as a [...]]]> http://www.mybiginfo.com/what-is-gdp/feed 0 http://www.mybiginfo.com/what-are-hedge-funds http://www.mybiginfo.com/what-are-hedge-funds#comments Fri, 27 Nov 2009 06:43:46 +0000 admin http://www.mybiginfo.com/?p=310 A private investment fund or pool that trades and invests in various assets such as securities, commodities, currency, and derivatives on behalf of its clients, typically wealthy individuals. Some Commodity Pool Operators operate hedge funds. What is Hedging ‘To hedge’ means to minimize risk or insulate oneself. Conventionally the term ‘hedge fund’ is used to [...]]]> http://www.mybiginfo.com/what-are-hedge-funds/feed 0 http://www.mybiginfo.com/what-is-income-tax http://www.mybiginfo.com/what-is-income-tax#comments Fri, 27 Nov 2009 05:16:04 +0000 admin http://www.mybiginfo.com/?p=307 An income tax is a tax levied on the income of individuals or business (corporations or other legal entities). Various income tax systems exist, with varying degrees of tax incidence. Income taxation can be progressive, proportional, or regressive. When the tax is levied on the income of companies, it is often called a corporate tax, [...]]]> http://www.mybiginfo.com/what-is-income-tax/feed 0 http://www.mybiginfo.com/what-is-financial-software http://www.mybiginfo.com/what-is-financial-software#comments Fri, 27 Nov 2009 05:07:35 +0000 admin http://www.mybiginfo.com/?p=302 As purchases, payments and credits are entered into credit card and checking accounts, personal finance software does the math for you to keep accurate account balances. Use financial software to avoid math errors and to see a running balance in each account. Some of the tasks a good financial software can do for you are [...]]]> http://www.mybiginfo.com/what-is-financial-software/feed 0 http://www.mybiginfo.com/what-is-finance http://www.mybiginfo.com/what-is-finance#comments Fri, 27 Nov 2009 04:57:13 +0000 admin http://www.mybiginfo.com/?p=298 We all have a general idea of what Finance is, but to make sure we are on the same page, let’s let others define Finance for us. Webster’s New World dictionary defines it as (1.) money resources, income, etc (2.) the science of managing money. Used in this context it is a noun.  It can [...]]]> http://www.mybiginfo.com/what-is-finance/feed 0 http://www.mybiginfo.com/what-is-risk-management http://www.mybiginfo.com/what-is-risk-management#comments Wed, 24 Jun 2009 05:46:30 +0000 admin http://www.mybiginfo.com/?p=248 Risk Management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events..[1] Risks can come from uncertainty in financial markets, project failures, legal liabilities, credit risk, accidents, natural causes and disasters as well as deliberate attacks from [...]]]> http://www.mybiginfo.com/what-is-risk-management/feed 0 http://www.mybiginfo.com/what-is-positive-pay http://www.mybiginfo.com/what-is-positive-pay#comments Mon, 15 Jun 2009 07:37:31 +0000 admin http://www.mybiginfo.com/?p=194 What is Positive Pay? Positive Pay is an anti-fraud service offered by virtually all commercial banks in the US. It protects companies against altered checks and counterfeit check fraud. Positive Pay is an automated fraud detection tool offered by the Cash Management Department of most banks. In its simplest form, it is a service that [...]]]> http://www.mybiginfo.com/what-is-positive-pay/feed 0 http://www.mybiginfo.com/what-is-loan-consolidation http://www.mybiginfo.com/what-is-loan-consolidation#comments Wed, 27 May 2009 15:17:17 +0000 admin http://www.mybiginfo.com/?p=122 Student loan consolidation In the United States both the Federal Family Education Loan Program (FFELP) and the Federal Direct Student Loan Program (FDLP) include consolidation loans that allow students to consolidate Stafford Loans, PLUS Loans, and Federal Perkins Loans into one single debt. This results in reduced monthly repayments and a longer term for the [...]]]> http://www.mybiginfo.com/what-is-loan-consolidation/feed 0