Ponzi Scheme: Understanding the Fraudulent Investment
A Ponzi scheme is a fraudulent investment operation where early investors are paid with the money of new investors. It promises high returns with little risk, inevitably collapsing when new…
Poison Pill: A Corporate Defense Strategy
A poison pill is a defensive tactic used by a target company to prevent or discourage a hostile takeover. It makes the acquisition prohibitively expensive for the acquiring entity.
Personal Loan Explained
A personal loan is a versatile financial tool that allows individuals to borrow a fixed amount of money, repaid over a set period with interest. It's often used for various…
Permanent Interest-Bearing Shares (PIBS)
Permanent interest-bearing shares (PIBS) are a type of perpetual security that pays a fixed or floating interest rate indefinitely. They are often issued by financial institutions and can be a…
Percentage Change: Understanding and Calculating Growth or Decline
Percentage change measures the relative difference between two values. It's crucial for analyzing trends, growth, and decline in various fields like finance, economics, and statistics. Learn how to calculate it…
Pay As You Earn (PAYE)
Pay As You Earn (PAYE) is a system for collecting income tax at source. Employers deduct tax from employee wages before they are paid, remitting it directly to the tax…
Overdraft
An overdraft occurs when a bank allows a customer to withdraw more money than they have in their account. This can result in fees and interest charges, impacting the customer's…
Organisation of Petroleum Exporting Countries (OPEC)
OPEC is a cartel of oil-producing nations that coordinates petroleum policies to stabilize oil markets. Its decisions significantly impact global oil prices and supply.
Organisation for Economic Cooperation and Development (OECD)
The OECD is an international organization that works to build better policies for better lives. It provides a unique forum for governments to work together to share experiences and seek…
Ordinary Share
An ordinary share, also known as common stock, represents ownership in a company. Holders have voting rights and are entitled to dividends, but are last in line for asset distribution…