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Finance

Accounting & Finance

Explained: Retail Banking vs. Corporate Banking

Retail banking is the public's visible face of banking, whereas corporate banking is the aspect of banking that deals with corporate customers.
Accounting & Finance

Financial Institutions: What They Are and How They Work

A financial institution (FI) is a business that specializes in financial transactions like investments, loans, and deposits.
Accounting & Finance

What Are ACH Transfers and How Do They Work?

ACH transfers are commonly used to pay bills and transfer funds between accounts. Learn about ACH transfers and when you might need to use one.
Accounting & Finance

What Exactly Is an External Transfer?

An external transfer is a method of transferring funds between accounts held by different financial institutions.
Accounting & Finance

What Is the Difference Between a Routing Number and an Account Number?

Each bank customer is assigned an account number as well as a routing number. Learn how they are used to track funds and where to look for them on a check.
Accounting & Finance

What Is the Difference Between an ACH Transfer and a Wire Transfer?

ACH and wire transfers are two methods for electronically sending money. Here's how they work and how to choose which is best for you.
Accounting & Finance

Capital Budgeting: Definition and Analysis Methods

Capital budgeting is the process by which a company evaluates potential large projects or investments. It enables a comparison of predicted expenses vs expected rewards.
Accounting & Finance

Definition and Activities of Corporate Finance

Corporate finance is the branch of finance concerned with how corporations deal with funding sources, capital structuring, and investment decisions.