Definition A non-disclosure agreement (NDA) in business and finance is a legally binding contract used to protect sensitive information shared between parties involved in commercial transactions, negotiations, or partnerships. What is a non-disclosure agreement? It is a crucial tool for safeguarding knowledge, trade secrets, financial data, and other confidential information. The primary purpose of an […]
Page written by Chris Godfrey. Last reviewed on September 24, 2024. Next review due October 1, 2025. Chris Godfrey Expert financial copywriter Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five […]
Page written by Chris Godfrey. Last reviewed on July 31, 2024. Next review due October 1, 2025. Chris Godfrey Expert financial copywriter Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five […]
Definition Sales tax is a consumption-based tax imposed by governments on the sale of goods and, in some cases, services. What is sales tax? Sales tax is a form of indirect tax that is typically collected by the seller at the point of sale and then paid to the government. The tax is usually calculated […]
Definition Repayment refers to the process of returning borrowed funds or fulfilling a financial obligation according to the terms. What is a repayment? A repayment is a key aspect of financial transactions and involves the repayment of both principal and interest associated with loans or credit arrangements. Repayments are fundamental to maintaining financial integrity, establishing […]
Definition Money flow in business generally refers to the movement or circulation of funds within a company. What is money flow? Money flow involves the inflow and outflow of money and is a critical aspect of financial management. Understanding and effectively managing money flow is essential for businesses to maintain liquidity, meet financial obligations, invest […]
Definition Leasehold in business refers to the rights held by a tenant or lessee to use and occupy a property for a specified period under the terms of a lease agreement. What is a leasehold? This arrangement is prevalent in commercial real estate and is a key aspect of business operations, allowing companies to secure […]
Definition A discount mortgage is a type of mortgage where the interest rate is set at a certain percentage below the lender’s standard variable rate (SVR) for a specified period. What is discount mortgage? The discount is usually expressed as a percentage, and the discount rate determines the actual interest rate charged on the mortgage […]
Definition A buy-to-let mortgage is a financial product designed for individuals or investors who wish to purchase residential property for the specific purpose of renting it out to tenants. What is a buy-to-let mortgage? A buy-to-let mortgage is for individuals or entities wanting to purchase properties for rental income. Requirements include being at least 21 […]
Definition A base rate, in the context of finance and banking, refers to a benchmark interest rate that serves as a reference point for determining the interest rates on various financial products. What is a base rate? Central banks or monetary authorities typically set the base rate as a tool to influence economic conditions, particularly […]
Page written by Chris Godfrey. Last reviewed on September 24, 2024. Next review due October 1, 2025. Chris Godfrey Expert financial copywriter Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five […]
Employee retention credit calculator The Employee Retention Credit (ERC) is a valuable tax credit designed to encourage businesses to retain employees during challenging times, like the COVID-19 pandemic. Page written by AI. Reviewed internally on June 3, 2024. × Step 1: check your eligibility Were you in business before February 16, 2020? Yes No Do […]
Employee retention credit application Page written by Michael David. Last reviewed on October 9, 2024. Next review due October 1, 2025. Michael David Expert financial copywriter Michael David is a financial writer and former investment advisor. Writing for Capital Group, Dimensional Fund Advisors, Franklin Templeton […]
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