What Is a Payroll Card? A payroll card is a prepaid card on which an employer loads an employee’s wages or salary each payday. Payroll
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What Is GoHenry? GoHenry is an online app and debit card designed to help children from age six to 18 manage their allowances through intuitive
What Is the Rule of 78? The Rule of 78 is a method used by some lenders to calculate interest charges on a loan. The
What Is Loan Servicing? Loan servicing refers to the administrative aspects of a loan from the time the proceeds are dispersed to the borrower until the
What Is a Loan Constant? A loan constant is a percentage that shows the annual debt service on a loan compared to its total principal
What Is a Deferred Profit Sharing Plan (DPSP)? A deferred profit sharing plan (DPSP) is a Canadian employer-sponsored profit sharing plan intended to help employees
What Is M-Pesa? M-Pesa is a mobile banking service that allows users to store and transfer money through their mobile phones. M-Pesa was introduced in
Covariance is used in portfolio theory to determine what assets to include in the portfolio. Covariance is a statistical measure of the directional relationship between
The SPDR Gold Trust (GLD) and the gold futures contract closed at a seven-year high on Tuesday, underpinned by the coronavirus outbreak and dovish central