Business

A government bond, also known as a sovereign bond, is a debt security issued by a national government to finance its budget deficits, infrastructure projects,…

Maturity transformation refers to the practice of financial institutions, such as banks, using short-term funding sources, such as deposits, to fund long-term investments, such as…

Domestic liability dollarization (DLD) refers to a situation where residents of a country borrow or hold debt in a foreign currency, typically the US dollar,…

A debt crisis occurs when a government (nation, state/province, county, or city, for example) loses its ability to repay its governmental debt. This can happen…

Debt sculpting is a financial strategy used by individuals or businesses to manage their debts. The goal of debt sculpting is to reduce the total…

Asset-liability mismatch refers to a situation in which an institution, such as a bank or an investment firm, has assets and liabilities with mismatched maturities…

Sovereign default occurs when a country is unable to repay its debt obligations to its creditors, including both domestic and foreign lenders. Bondholders monitor a…

Sovereign default occurs when a government is unable or unwilling to meet its debt obligations, which means it is unable to repay the principal and…

In times before the epidemic, Athens International Airport handled 20 million travelers annually, and for the majority of the twenty-first century, it has served as…

Potential candidates will need to demonstrate that they have the abilities to adapt to the needs of the organization as more employers nationally look to…

Sectoral balances refer to the accounting identities that describe the relationships between the three main sectors of an economy: the government sector, the private sector,…

Inheritance tax, also known as estate tax or death tax, is a tax that is levied on the value of property or assets that are…