Is Depreciation Or Amortization In Gross Profit?

Gross profit is the revenue earned by a company after deducting the direct costs of producing its products. For example, if it costs $15,000 to produce a car and it sells for $20,000, the difference of […]


What is ‘Burgernomics’ Burgernomics is an economics term made popular by the so-called Big Mac Index published by The Economist. Burgernomics is the idea of the using the iconic fast-food […]

Borrowing Power Of Securities

DEFINITION of ‘Borrowing Power Of Securities’ Borrowing power of securities is the amount associated with being able to invest in securities on margin, or being able to use securities as […]

Currency Certificate

What is a ‘Currency Certificate’ A currency certificate is like a futures contract in that grants the holder has the right to convert a specific amount of one currency to another […]