Darlene What is a Market Index? A market index is a tool used to measure the performance of a stock market, or a specific sector of the market. Indexes are calculated by taking the average of the prices of the stocks in the index. There are many different types of indexes, each designed to measure different … Read more
A tax-exempt security is a financial security that is exempt from taxation. This means that the investor does not have to pay taxes on any income or capital gains earned from the security. Tax-exempt securities are typically issued by government entities, such as municipalities, to finance public projects. The interest paid on these securities is … Read more
“Business Banking” refers to the financial services provided by banks to businesses. These services can include business checking and savings accounts, loans, lines of credit, and merchant services. Businesses use these services to manage their finances, grow their businesses, and make purchases. What are basic terms? There are many basic accounting terms, but some of … Read more
