In tax law, this is the amount you can deduct from your gross income to reduce the total amount on...
Author - Richard Wilson
Community Reinvestment Act
Under federal law, lenders are required to describe the geographical market area that they serve...
Compound Return
Normally expressed as a percentage, it is the rate of return representing the effect that the...
Blended Rate
This type of interest rate offered by a lender is in between a previous rate and a new loan rate...
Crystal Clear Advantage | USP
In this video Richard Wilson explains exactly what a crystal clear advantage is and why it is...
Federal Acquisition Regulation (FAR)
This is the primary source of authority that governs the government procurement process. FAR is...
Corporation
Different and unassociated from its owners, a corporation is a legal entity that has the same...
Indirect costs
These are development costs separate from labor costs and direct materials. Indirect costs are...
Binder
This is a binding but temporary agreement that is secured by a payment to evidence good faith...
Hedging
This is the act of investing to protect finances and other investments by applying market...
