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Matures

"Matures" or "maturity," are two terms generally used in economics that indicate the point of an investment or transaction in which the monetary amount will come through or get paid. The terms have different uses based on different contexts such as bonds, foreign exchange, investments, and deposits. Maturity is a...

Profit

Profit is the financial value or amount gained by a person or business after accounting for expenses. It is almost always positive and even has a simple formula for calculation. Generally speaking, the goal of businesses is to earn a profit. Profit is the monetary benefit that comes from a...

Elastic

Kids love rubber bands. However far you stretch them, they always bounce back (unless you go past their limits and they snap!). This is because they have high elasticity. A kind of rubber band exists in the financial world too, called “elasticity.” It describes the amount that people’s behavior changes...

Premium

The word “premium” has many uses in finance, but it’s mostly used to mean excess financial value, a price, or a payment. In stock trading, premium often refers to the cost of buying an option. Premium is a broad word in the English language, but when it comes to financing,...

Private Banking

Private banking is the financial management services by banks to people who have a high net worth or high levels of income. It involves banking, investment tax services, and other financial services on a more personal basis than in retail or the usual banking offered to the public High net-worth...

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/meghan Gardler