Considered as a safe investment option, Bonds offer an investor an option of generating income in an environment where there is significant mitigation of risk as compared to equity related investments. Generally investment in bonds&hellip
Business
Social Security Disability Insurance (SSDI) VS Supplemental Security Income (SSI)
SSDI Social Security Disability Insurance (SSDI) is a federal insurance program of the United States Government to provide income supplements to people whose employment is affected by mental or physical disability of both temporary and&hellip
Difference Between US GAAP And Canadian GAAP
There are unique and specific accounting standards that are applicable to companies across the world. The term GAAP stands for Generally Accepted Accounting Principles. Each country has GAAP defined as per its set rules and&hellip
Difference Between APR And EAR
APR and EAR are two popular methods of calculating the annual interest on a loan. These acronyms stand for Annual Percentage Rate and Effective Annual Percentage Rate. A basic concept that has to be kept&hellip
Difference Between LTD And LLC
LLC and LTD are two commonly used abbreviations that appear with business names. LLC stands for Limited Liability Company and Ltd. Stands for a Limited Company. These terms usually denote the capability of a company&hellip
Difference Between Joint Tenants And Tenants In Common
The ownership of a particular property can be classified into the following two types: Joint Tenancy and Tenancy in Common. This definition is applicable to a multitude of assets but assumes special significance in case&hellip
Difference Between FHA And HUD
HUD or Housing and Urban Development was initiated in the year 1937 with the passing of the U.S Housing act. The intent was to offer low cost housing and subsequent grants to aid families in&hellip
The Difference Between Loan and Line of Credit
Loans and lines of credit are two different methods of borrowing money. They are both available to individuals as well as business. A loan is a one-time lump sum extension of credit. It is repaid&hellip
Difference Between Saving and Investing
As a means to make available funds for current or future requirements, both Saving and Investment offer multiple opportunities to an investor, though there are certain underlying difference between them. Savings typically refers to the&hellip
Difference Between EE And I Bonds
Saving bonds are sold by the US treasury in two forms: EE bonds and I bonds. Both EE and I bonds offer low risk investment options to investors along with Tax savings. EE bond program&hellip
Difference Between Absolute And Comparative Advantage
Two key parameters that are taken into consideration while taking crucial decisions related to international trade are Absolute advantage and Comparative advantage. These decisions largely revolve around factors that influence or drive a particular nation&hellip
Difference Between APR and APY
Understanding the difference between the Annual Percentage Rate (APR) and Annual Percentage Yield (APY) helps in making smart financial decisions. A basic concept that has to be kept in mind while understanding these two terms&hellip
Difference Between FHA and Conventional Appraisals
Over the past couple of years, there have been dramatic changes in the market, thereby reducing home foreclosures. However, with the reduction in foreclosure numbers, the market requirements have increased. Home appraisal demand is very&hellip
Advantages of Rapid Application Development
In the past few years there has been an increase in the demand for new business applications. That said, Information Technology or “IT,” as its popularly known, has been unable to cater to this particular&hellip
Difference Between Visa And Mastercard
Most people know Visa and Mastercards as credits cards and have possibly used them but they do not know the actual difference between two cards. Even though these cards have similarities such as their ability&hellip
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