Periodic Payment Plan Definition.

A periodic payment plan is a regular investment plan whereby an investor contributes a fixed sum of money at fixed intervals (usually monthly) to a mutual fund. The money is then used to purchase units in the fund, which are then held by the investor. The main advantage of a periodic payment plan is that … Read more

A Publicly Traded Company: What It Is and How It Works.

. A publicly traded company is a company whose shares are bought and sold on a stock exchange. How do you invest? There are many different ways to invest, and the best way to invest depends on your individual goals and circumstances. However, there are some basic principles that apply to all types of investing. … Read more

Introduction to International Competitive Bidding (ICB).

The International Competitive Bidding (ICB) process is a means of procuring goods and services from foreign suppliers through a public and transparent process. It is widely used by governments and international organizations to ensure that contracts are awarded to the most qualified and lowest-priced bidder. ICB is governed by a set of rules and regulations … Read more