Collateral: Understanding Assets in Finance
Collateral refers to assets pledged by a borrower to a lender as security for a loan. If the borrower defaults, the lender can seize the collateral to recover their losses.…
City of London
The City of London, also known as the 'Square Mile', is the historic financial heart of London. It's a unique administrative and ceremonial area, distinct from Greater London, and a…
Chinese Walls: Maintaining Ethical Boundaries in Finance and Law
Chinese walls, or information barriers, are policies designed to prevent the flow of material non-public information between different departments within a firm. This is crucial for compliance and ethical conduct.
Chartists
Chartists were a working-class movement in Britain advocating for political reform. Their demands, outlined in the People's Charter, aimed to empower ordinary people and achieve greater representation in Parliament.
Chartered Institute of Purchasing and Supply (CIPS)
The Chartered Institute of Purchasing and Supply (CIPS) is a global professional body for procurement and supply chain professionals. It offers qualifications, training, and resources to advance the profession.
Chapter 11 Bankruptcy Explained
Chapter 11 bankruptcy allows businesses and individuals to reorganize their debts while continuing operations. It offers a path to financial recovery through a court-supervised plan.
Central Bank: Definition, Functions, and Importance
A central bank is a crucial financial institution responsible for managing a nation's currency, money supply, and interest rates. Its primary goal is to ensure economic stability and growth through…
Collateralized Debt Obligations (CDOs) Explained
CDOs are complex financial products that pool together various debt instruments like mortgages and bonds, then slice them into tranches with different risk and return profiles for investors.
Capital Ratios – Tier 1 and Tier 2 Explained
Understand Tier 1 and Tier 2 capital ratios, crucial metrics for assessing a bank's financial strength and ability to absorb losses. Learn how these ratios ensure stability in the banking…
Capital Gains Tax Explained
A capital gains tax is levied on the profit realized from selling an asset that has appreciated in value. It applies to investments like stocks, bonds, real estate, and other…