Tag: financial

Understanding Quarterly Reports

A quarterly report provides a snapshot of a company's financial performance over…

Bossmind

Profit and Loss Account

The profit and loss account, also known as an income statement, summarizes…

Bossmind

Option

An option is a financial derivative that gives the buyer the right,…

Bossmind

Offshore Account Explained

An offshore account is a bank account held in a jurisdiction outside…

Bossmind

Nominal Interest Rate

The nominal interest rate is the stated interest rate before accounting for…

Bossmind

Joint Account

A joint account is a bank account held by two or more…

Bossmind

Independent Financial Adviser (IFA)

An Independent Financial Adviser (IFA) provides unbiased financial advice, recommending products and…

Bossmind

Income Tax

Income tax is a levy imposed by governments on the earnings of…

Bossmind

Income Statement

An income statement, also known as a profit and loss (P&L) statement,…

Bossmind

Home Reversion Plan: Unlock Equity in Your Home

A home reversion plan allows homeowners, typically over 55, to sell a…

Bossmind