The way data (name and address) is organized on a disk or tape. There is no standard format. Every company […]

A system that allows banks to lend an amount in excess of its deposits. While a minority of economists consider […]

Franchise loans can be used for standard business opening expenses and franchise-specific costs, such as marketing fees or the franchise […]

The use of intentional deception to derive benefit from a transaction.

FCFE represents the cash that’s available after reinvestment back into the business (capital expenditures).

An offering that is available in unlimited quantity at no cost (for example: sunlight).

Benefiting from the contributions of others to some cooperative project without contributing oneself.

A person who receives the benefits from a good or service without being required to pay.

A market participant who extracts value from a product without paying the vendor for the privilege.

A pricing tier with zero cost to the user. Common goals for freemium models are to 1) increase the size […]