Interest Rate – Explained + Examples

An interest rate is essentially the cost you pay to borrow money from a lender. It’s a percentage of the

Read more

Financial Default – Explained + Examples

Default refers to a situation where an individual, business, or government fails to make payments on their debt obligations. When

Read more

Bonds – Explained simply

A bond is a type of financial investment that’s kind of like a loan. When someone buys a bond, they’re

Read more