A fixed-rate mortgage offers predictable monthly payments for the life of the loan. The interest rate remains constant, simplifying budgeting…
Fixed costs are business expenses that remain constant regardless of production or sales volume. They are essential for operational stability…
A fiscal year is a 12-month period used for accounting and budgeting purposes. It doesn't necessarily align with the calendar…
The financial year, or fiscal year, is a 12-month period used for accounting and reporting purposes. It doesn't always align…
The Financial Services Authority (FSA) was a UK government body responsible for regulating financial services firms. It aimed to protect…
A final salary pension scheme, also known as a defined benefit pension, guarantees a retirement income based on your salary…
The European Central Bank (ECB) is the central bank for the euro, responsible for monetary policy in the Eurozone. It…
The European Bank for Reconstruction and Development (EBRD) is an international financial institution established to aid in the transition of…
Ethical investment, also known as socially responsible investing (SRI), integrates environmental, social, and governance (ESG) factors into investment decisions. It…
Equity derivatives are financial contracts whose value is derived from underlying stocks or stock indexes. They offer flexible hedging, speculation,…