APR. That three-letter acronym looks so simple, but in the world of credit cards, it isn't.RATE SEARCH: Find the best 0% APR cards at Bankrate.com.The basic definition of an APR: It's an ann [..]

People have used a bill of sale for centuries to provide a record of items sold by a specific seller to a specific buyer. This legal document demonstrates the transfer of ownership in addition to noti [..]

While the specific meaning of capital is tied to the context of its use, it is most commonly used to describe a company's financial resources.Organizations with more capital are better equipped t [..]

The financial world is filled with terms that can be confusing. One of them is collateral.Collateral is often discussed in relation to loans. Unsecured loans, which include personal loans, don't [..]

Current ratio is one component that investors use to determine your business' financial strength and make decisions about whether to do business with you. They'll also use it to compare your [..]

Monty Rakusen/Cultura/Getty ImagesBusinesses need money to grow. To get money, companies must either borrow money or sell shares of equity to investors, or some combination of the 2 strategies.Strikin [..]

Sometimes, when a company is floundering or needs restructuring, it doesn't require complete liquidation. It can use divestiture instead.Divestiture means shedding certain company assets or busin [..]

When running a growing business, it's important to understand the economies of scale definition and what it takes to achieve them.Think about a small business that sells a product and compare it [..]

Equity is a term that describes the value of an asset after subtracting the value of any liabilities on the asset. For example, if you have a car that's worth $35,000, but you owe $15,000 on a ca [..]

The gross domestic product, or GDP, is defined as the monetary value of all the goods and services that a country produces within a certain time period.Usually measured quarterly, GDP provides good in [..]