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A basic cash loan taken from a credit card account. The interest rate for a cash advance is charged at the date of the transaction. Cash advance is also known as instant loans as they can be taken from ATM machines. These transactions may also charge a processing fee to close out the cash […]
« Archive for the ‘Glossary’ Category
What is Cash Advance?
Posted by Johns WuJanuary 21, 2006 12:28 AM
What is CAGR (Compound Annual Growth Rate)?
Posted by Johns WuJanuary 15, 2006 12:28 AM
CAGR
Also known as the compound annual growth rate. CAGR is the year to year growth rate of an investment over a period of time. This rate is taken by getting the nth root of the total percentage growth when n is the number of years measured. CAGR describes the return given a fixed rate throughout […]
What is Book Value?
Posted by Johns WuJanuary 14, 2006 12:27 AM
Book Value
An accounting term that expresses numerical value based on assets minus intangible assets and liabilities. The book value is literally the tangible value of a company or a bank. The book value is used to measure the value of a company’s share as it is liquidated. However, the book value of the company especially […]