Inflation-Protected Annuity (IPA).

An Inflation-Protected Annuity (IPA) is an annuity that provides protection against inflation. The payments made by the annuity are adjusted periodically to keep pace with the cost of living, as measured by the Consumer Price Index (CPI). This type of annuity is often used by retirees to help ensure that their income keeps pace with … Read more

Bring on the Borrowing Base.

The borrowing base is the amount of a company’s eligible accounts receivable and inventory that can be used as collateral for a loan. The borrowing base is determined by the lender and is based on a percentage of the value of the receivables and inventory. The borrowing base is used to determine the maximum amount … Read more

What is the tertiary sector?

The tertiary sector also known as the service sector is responsible for offering goods, products or services to the population, which in a large majority of cases of the secondary sector through the manipulation of the raw material generated in the primary sector, all with the intention of satisfying your needs. This definition of the … Read more