Understanding Core Assets.

“Understanding Core Assets” refers to having a clear and thorough understanding of the most important assets of a business. These assets can be physical (e.g. factories, machinery, vehicles, etc.), intellectual (e.g. patents, copyrights, trademarks, etc.), or human (e.g. employees, customers, suppliers, etc.). Having a strong understanding of a business’s core assets is essential for making … Read more

Second Chance Loan Definition.

A second chance loan is a type of financing that is typically extended to borrowers who have a checkered credit history. These loans are often used to help people rebuild their credit or to consolidate debt. Second chance loans usually come with higher interest rates and less favorable terms than traditional loans, but they can … Read more

What Is a Wedge in Technical Analysis?

A wedge is a technical analysis pattern that is created when the price of an asset moves between two trendlines that are heading in opposite directions. The upper trendline is created by connecting the asset’s highs, while the lower trendline is created by connecting the asset’s lows. The pattern is considered complete when the price … Read more

What is the Lorenz Curve?

The Lorenz curve graphically represents the inequality that exists in the distribution of the income in a certain limited space, normally being a country. The graphic representation is done as follows: The X axis is used to define the accumulated population (P) which is expressed in% The Y axis is used to define the accumulated … Read more