Deflation
Deflation is a sustained decrease in the general price level of goods and services. It's the opposite of inflation and can lead to economic challenges if prolonged, impacting consumer spending…
Defined Contribution Pension
A defined contribution pension plan is an employer-sponsored retirement savings plan where contributions are made by the employee and/or employer. The final benefit depends on investment performance, not a predetermined…
Defined Benefit Pension
A defined benefit pension plan guarantees a specific retirement income based on salary history, years of service, and age. Employers fund these plans, offering predictable income for retirees.
Dead Cat Bounce: Understanding Market Rebounds
A dead cat bounce is a temporary, short-lived recovery in the price of a declining asset. It's a brief upward movement before the price continues its downward trend. Investors must…
Day Trading: A Comprehensive Guide
Day trading involves buying and selling financial instruments within the same trading day, aiming to profit from small price fluctuations. It requires significant capital, skill, and risk management.
Current Account
A current account is a type of bank account that allows for frequent transactions, such as deposits, withdrawals, and payments. It's designed for daily financial needs, offering easy access to…
Credit Reference Agency
A credit reference agency collects and provides financial information on individuals and businesses to lenders. This data helps assess creditworthiness and manage risk for financial institutions.
Credit Default Swaps (CDS)
Credit Default Swaps (CDS) are financial derivatives that allow investors to 'swap' or offset their credit risk with that of another investor. Essentially, it's insurance against a bond defaulting.
Credit Crunch: Understanding the Financial Squeeze
A credit crunch is a sudden reduction in the general availability of loans or credit, or a sudden tightening of the conditions required to obtain one. It often signals economic…
Council Tax
Council tax is a local government tax in the UK, payable by households on property. It funds local services like refuse collection and police. Rates vary by property band and…