Types

Interest rate – its types and factors affecting it (complete guide) Daily Journal

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Interest rate – its types and factors affecting it (complete guide) Daily Journal

Have you ever wondered why you pay interest on a loan or earn interest on your savings? It all comes down to interest rates. Interest rates affect everything from mortgages and auto loans to the financial activities of businesses and governments. When you borrow money, you pay a fee to use it for a certain … Read more

What are commercial papers? Types and benefits explained Daily Journal

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What are commercial papers? Types and benefits explained Daily Journal

Published on: September 25, 2024 When companies need a fast, efficient, and low-cost way to raise money, they often choose commercial paper. Commercial paper is an efficient and cost-effective short-term, unsecured debt instrument for businesses. They are fast, flexible, and are generally issued by well-established companies to cover payroll, inventory, or other short-term liabilities. But … Read more