CategoryFinance

What is a creditor?

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The word “creditor” can refer to a variety of meanings depending on the context but most commonly refers to a financial institution or a person from who a debtor, often known as a...

What is a debtor?

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A debtor is someone who obtains payments from creditors to satisfy their personal and business needs. A debtor is someone, such as a person or company, who seeks financial assistance from creditors...

What is a PEST analysis?

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PEST analysis is a strategic planning framework that identifies macro-environmental factors. Political, economic, social, and technological forces are all common factors in the environmental span of...

What is an angel investor?

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An angel investor is a type of early investor that provides money to a startup in addition to helping it get off the ground. In return for their investment, angel investors typically obtain an equity...

What is transaction cost?

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Costs incurred in connection with purchasing or selling goods or services are transaction costs. The work required to deliver a service or product to market is characterized by transaction costs...

What are economies of scale?

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Firms benefit from economies of scale whenever their production gets more efficient. Economies of scale can be achieved through increasing output and cutting costs. Since costs are distributed among...

What is loss aversion?

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No one loves losing, especially when it is a financial loss. Fear of losing money can paralyze an investor, leading them to keep a failing investment long beyond what should have been sold or sell...

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