Search results
Results from the WOW.Com Content Network
Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. [1] As a subject of study, it is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or ...
Principal (finance) or principal sum, the original amount of a debt or investment on which interest is calculated Principal (bond), the face value of a bond; Principal Financial Group, a life insurance company
A government's budget is a comprehensive financial plan that outlines its priorities and objectives for a given period. As a policy document, a government's budget is designed as a plan for implementing its policy. Traditionally, budgets served as a more rigid tool to implement policy in a retrospective setting.
In any technical subject, words commonly used in everyday life acquire very specific technical meanings, and confusion can arise when someone is uncertain of the intended meaning of a word. This article explains the differences in meaning between some technical terms used in economics and the corresponding terms in everyday usage.
Commercial debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. [1] Loans , bonds , notes, and mortgages are all types of debt. In financial accounting , debt is a type of financial transaction , as distinct from equity .
Fiscal policy can be distinguished from monetary policy, in that fiscal policy deals with taxation and government spending and is often administered by a government department; while monetary policy deals with the money supply, interest rates and is often administered by a country's central bank. Both fiscal and monetary policies influence a ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
In simple terms, the notional principal amount is essentially how much of an asset or bonds a person owns. For example, if a premium bond were bought for £1, then the notional principal amount would be the face value amount of the premium bond that £1 was able to purchase. Hence, the notional principal amount is the quantity of the assets and ...