Obligation The following article with cover all aspect of Obligations including: What is a Obligation, How do Obligations work, Types of Obligations and Obligations FAQs. What Is The Definition Of Obligation? Simply, obligation refers to the responsibility of a party to fulfill the contractual terms

Leasing The following article with cover all aspect of Leasing including: What is Leasing, How do Leasing work, Types of Leasing and Leasing FAQs. What Is The Definition Of Leasing? A lease is a legally binding agreement between two parties in which one commits to

What is an Interest Rate? In addition to the principal, the interest rate refers to how much a lender charges the borrower for the use of assets. The money generated from a credit union or bank’s deposit account also has an interest rate attached. Simple

What is  Cash Flow? Cash Flow is net balance of cash coming into and out of a business at a certain point in time. A business’s cash is continually flowing in and out. When a retailer buys merchandise, for example, money leaves the company and

Asset The following article with cover all aspect of Assets including: What is an Asset, How do Assets work, Types of Assets and Assets FAQs. What is an Asset? The term asset refers to a type of economic advantage that people or entities have today,

Renovation The following article with cover all aspect of Renovation including: What is a Renovation, How do Renovations work, Types of Renovations and Renovations FAQs. What is the definition of Renovation? Renovation means to “create new again”—to “revitalize.” The process of renovating (also known as

Finance Committee The following article will cover all aspects of a Finance committee including What is a Finance committee, How do Finance committees work, Types of Finance committees, and Finance committee FAQs.   What is the definition of a Finance Committee? The Finance Committee oversees

Construction The following article will cover all aspects of Construction including: What is a Construction, How do Construction work, Types of Construction, and Construction FAQs. What is the definition of Construction? The process of constructing, altering, repairing, renovating, enhancing, or deconstructing a public infrastructure facility,

Donations The following article will cover all aspects of Donations including: What is a Donations, How do Donations work, Types of Donations and Donations FAQs.   What is the definition of Donations? Individuals, businesses, and other organizations can make donations to support the organization’s mission

Credit The following article will cover all aspects of Credit including: What is a Credit, How do Credit work, Types of Credit and Credit FAQs. What is the definition of Credit? This term has many meanings in the financial world, but credit is generally defined

Fundraising The following article will cover all aspects of Fundraising including: What is a Fund Raising, How do Fund Raising work, Types of FundRaising and Templates FAQs. What is the definition of Fundraising? Fundraising is the process of soliciting and collecting voluntary financial contributions from

Charity The following article will cover all aspects of Charities including: What is a Charity, How do Charities work, Types of Charities and Charities FAQs. What is the definition of a Charity? Charities are organizations whose primary goals are charity and social well-being. charitable, educational,

What is the definition of Budget? Budgets are an estimate of future revenue and expenses. They are usually prepared and re-evaluated periodically. A budget can be created for an individual, a group, a company, a government or any other entity that spends or makes money.

What is the definition of Capital? Capital in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing. Capital can refer to anything that provides value or

Nonprofit The following article with cover all aspects of nonprofit including: What is a nonprofit, How do nonprofit work, Types of nonprofit and nonprofit FAQs. What the definition of a Nonprofit? A nonprofit organization (NPO), also known as a non-business entity,not-for-profit organization, or nonprofit institution,is

Balance Sheet The following article with cover all aspect of Balance Sheets including: What is a Balance Sheet, How do Balance Sheets work, Types of Balance Sheets and Balance Sheets FAQs. What is a Balance Sheet? A balance sheet in financial accounting is a summary