FUD and FOMO: Whenever we face a new activity, we find a series of terms specific to it (something like a glossary) that we need to know in order to develop it, and not only learn its theoretical meaning, but…
Deposit & Sell NFTs on Binance NFT Marketplace These are incredible times. A new model of economic relations is being tested before our eyes. The Renaissance era opened the doors to the transition from the Middle Ages to modernity, and…
What are NFTs? If you’ve just embarked on the path of cryptocurrency, you’ve probably already heard of these famous tokens, commonly known as NFTs. If there is still any doubt in your mind, we will try to explain in detail…
What is Metaverse? Introduced a few months ago, Facebook’s metaverse already guarantees to lead us into a new virtual world that we’ve never experienced before. But what is it exactly? What is Metaverse exactly? Metaverse is a combination of several…
What are Treasury Shares? Treasury shares or reacquired shares are those which a company had issued and subsequently reacquired from shareholders. Once acquired, these shares remain in possession of the company and can be sold in the future, or the…
The adjusting entries in accounting Adjusting entries are made specifically to update the initial recording of accounting data. There are two instances in which adjusting journal entries are required before the release of financial statements: Certain expenses or revenues have not…
What is economic stabilization? Economic stabilization or macroeconomic stability is a situation when an economy’s output matches its production capacity, its labor resources being fully employed, and inflation being at lower levels. Policymakers create economic policies such as fiscal policy…
Entrepreneurs vs Innovators: Entrepreneurs often form new businesses called startups that focus on creating and introducing a new product or service. While innovators also play their part within those startups. Both terms relate to a certain extent, however, there are…
What is budgeting? Budgeting is essential to financial well-being. Being an student, you always budget your study time and your money. Families budget income and expenses. On the other hand, Governmental agencies budget revenues and expenditures. While businesses create budgets…
Accounts receivable factoring: The process in which a business entity sells its receivables to a financial institute (called a factor) is known as factoring or accounts receivable factoring. A factor is a financial institute or bank that buys receivables from…