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

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Run On The Bank – Bank Runs Explained + Examples

A “run on the bank” is a financial crisis that occurs when a large number of people try to withdraw

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Economic Indicators – Explained + Examples

An economic indicator is a metric or data point that provides important information about the health of an economy. Economic

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Deflation in Economics – Explained + Examples

Deflation is a term used to describe a decrease in the overall price level of goods and services in an

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Credit Rating – Explained

A credit rating is an assessment of the creditworthiness of an individual or organization. It is used by lenders, investors,

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