Category: Trading

Continuous compounding versus discrete compounding

June 30, 2024 No Comments

A: Discrete compounding and continuous compounding are closely related terms. An interest rate is discretely compounded whenever it is calculated and added to the principal at specific intervals (such as annually, monthly or weekly). Continuous compounding uses a natural log-based formula to calculate and add

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Debit card versus credit card

June 30, 2024 No Comments

Debit cards and credit cards work in similar ways. Both carry the logo of a major credit card company, such as Visa or MasterCard, and can be swiped at retailers to purchase goods and services. The key difference between the two cards is where the

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Debt and collection agency

June 30, 2024 No Comments

A: If your debt is significantly delinquent – usually 90 days or more past due – your lender may decide to either assign or sell your debt to a third-party debt collection agency. Sometimes collection agencies sell entire portfolios of debt accounts to each other.

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Difference between delinquency and default

June 30, 2024 No Comments

A: Delinquency and default are both loan terms representing different degrees of the same problem: missing payments. A loan becomes delinquent when you make payments late (even by one day) or miss a regular installment payment or payments. A loan goes into default – which

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Continuous compounding versus discrete compounding

Debit card versus credit card

Debt and collection agency

Difference between delinquency and default

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