Term assurance provides life cover for a fixed period. If the insured dies within this term, a lump sum is…
A teaser rate is a temporarily low interest rate offered on financial products like credit cards or mortgages. It aims…
The Troubled Asset Relief Programme (TARP) was a U.S. government program established in 2008 to stabilize the financial system during…
Measures a financial institution's tangible common equity relative to its risk-weighted assets. It provides a clearer picture of a bank's…
A takeover bid is a public offer to acquire a majority stake in a company. It's a crucial event in…
The Takeover Panel is the UK's corporate governance body responsible for regulating takeovers. It ensures fair treatment for shareholders and…
Swaps are financial derivative contracts where two parties exchange cash flows or liabilities from two different financial instruments. They are…
Sub-prime loans are mortgages offered to borrowers with poor credit history. They often come with higher interest rates and fees…