What Is a Corporate Pension Plan? A corporate pension plan is a benefit that provides income in retirement based on the employee’s length of service to the company and salary history. Pension plans for American workers have become rare outside of government employment. According to the Bureau of Labor Statistics, in 2019, the percentage of…
What Is an Instructing Bank? An instructing bank is one of the banks that play a role in a transfer of funds between two parties. The instructing bank is the one that initiates the fund transfer process, it acts as the administrator. From the customer, the instructing bank receives instructions on whom to send the…
What Is an Offline Debit Card? An offline debit card is a type of automated payment card, similar to a traditional (online) debit cardthat allows a cardholder to pay for goods and services directly from their bank account. As it is not “online,” there is a delay before the incurred cost is debited from the…
Shareholder Equity vs. Net Tangible Assets: An Overview Shareholder equity and net tangible assets are listed in a company’s balance sheet and both express the company’s net worth and underlying value. Shareholder equity is calculated including intangible assets, such as goodwill and patents, whereas net tangible assets do not include any intangible assets in its…
You dreamed of it, they haven’t done it yet, but maybe one day: 49.3, the government board game, one day, maybe, at your favorite retailers! In order to make you the master of the game even before its release, here are our tips to ensure you a victory! Early Christmas present. 1. Play in a…
Active traders often spend hours scouring the markets for niche segments that look poised to outperform the broader markets. One such group that has started to reappear in the results of many technical scans is small-cap value stocks. For many traders, scanning for small-cap value stocks is a particular favorite because the relatively small size…
This morning, after waking up in a bad mood, after taking a shower that was too cold and drinking a disgusting coffee in my rotten apartment, I had this very not very positive reflection: we had a shitty year after all. And even more: we may have just experienced the worst year in history (which…
What Is Wholesale Banking? Wholesale banking refers to banking services sold to large clients, such as other banks, other financial institutions, government agencies, large corporations, and real estate developers. It is the opposite of retail bankingwhich focuses on individual clients and small businesses. Wholesale banking services include currency conversion, working capital financing, large trade transactions,…
There is very little debate on this: 2022 has been a rotten year overall, based on war, economic crisis and energy crisis. To tell you, I myself thought of withdrawing from the world to become a hermit in a place where no one could ever find me. A lost place like Nancy or Nîmes. But…