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Category: Business

Introduction to CEO Fraud

March 13, 2022March 23, 2022sciencedict
Introduction to CEO Fraud

With the “CEO-Fraud” scam, fraudsters in NRW stole almost seven million euros last year. According to abbreviationfinder, the number of cases more than doubled from 115 cases in 2016 to…

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Introduction to Fixed Income and Variable Income

September 12, 2021September 23, 2021sciencedict
Fixed Income

What is fixed income? Abbreviated as FI by ABBREVIATIONFINDER, fixed income investment is one in which the yield is fixed by some index and the profitability can be predictable while…

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Introduction to SDR

August 8, 2021September 23, 2021sciencedict
Special Drawing Rights SDR

According to ABBREVIATIONFINDER, SDR stands for Special Drawing Rights which was built by the member countries of the International Monetary Fund (IMF) by changing the IMF Agreement from 28. 7.…

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Meanings of Low Interest Rate Policy

May 23, 2021September 23, 2021sciencedict
LOW INTEREST RATE POLICY

Since the financial crisis in 2008, the term “low interest rate policy” has become a constant companion for media users. The responsible central bank is responsible for the interest rate policy…

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Meanings of Sales Tax

May 9, 2021September 23, 2021sciencedict
VALUE ADDED TAX

Regardless of whether it is food, clothing, painting or energy: sales tax is levied on almost all goods and services. It is calculated as a percentage of the net sales…

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Meanings of LIBOR

May 2, 2021September 23, 2021sciencedict
LIBOR

The Libor represents an interest rate in the context of interbank business. According to abbreviationfinder, the abbreviation stands for “London Interbank Offered Rate” and, as the name suggests, is formed…

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Meanings of Corporate Income Tax

April 18, 2021September 23, 2021sciencedict
CORPORATION 2

Corporate income tax (KSt) taxes the profits that legal entities make. It represents the counterpart to income tax for natural persons. Corporate income tax applies not only to corporations, but…

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Meanings of Purchasing Power

April 11, 2021September 23, 2021sciencedict
PURCHASING POWER

Purchasing power provides information about the value of money. It shows how many goods or services can be purchased for a certain amount of money. Using price indices such as…

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Meaning of Value Chain

February 13, 2021September 23, 2021sciencedict
Value Chain

A value chain is known as a theoretical concept that describes the way in which the actions and activities of a company are developed. Based on the definition of a…

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