What Is a Counteroffer?

A counteroffer is a new offer made by one party in response to an offer made by another party. A counteroffer effectively rejects the initial offer and puts forward a new set of terms for consideration. Counteroffers are common in negotiation situations, especially in business deals and real estate transactions. Should I accept counter offer? … Read more

Financial Asset Definition.

A financial asset is any asset that derives its value from a contractual claim or agreement. Typically, financial assets are either debt instruments or equity instruments. Debt instruments are financial assets that represent a claim on the underlying assets or cash flows of a debtor. Common examples of debt instruments include bonds, loans, and mortgages. … Read more

What is money

Although we all know what money is, providing a clear and precise definition of this term is not as easy as identifying it. In a simple way we can define the word money as banknotes and coins that we use to meet our payment obligations. Historically the word money arises from the Latin word a.Name … Read more