Difference Between Invoice and Bill

Invoice vs Bill   Invoices and bills are documents that are presented to buyers by sellers for commercial purposes. Invoices and bills are quite similar to one another as they both contain information about the goods that are being sold, and the total price that should be paid. There are, however, a number of differences […]

Difference Between Maestro and Visa Card

Maestro vs Visa Card   Paperless money or plastic cards are a very popular method used for payments in today’s world. There are a number of credit cards, charge and debit cards that are available to choose from which include companies such as Visa, Master, Maestro, American Express, etc. Visa and Maestro do not have […]

Difference Between Loan and Advance

Loan vs Advance   In times of financial difficulties, individuals/corporations find means from which they can obtain extra funding to fulfill their personal needs, business commitments, investments, etc. There are a few options that can be explored which are to take out a loan or an advance in order to fulfill obligations. Whether a loan […]

Difference Between Loan and Lease

Loan vs Lease   Loans and leases are popular methods used by individuals or corporations for the use and acquisition of equipment. Loans and leases are both offered by banks and financial corporations and whichever is used will depend on the equipment in question, purpose, convenience, tax benefits, etc. There are a number of differences […]

Difference Between Lien and Mortgage

Lien vs Mortgage   Companies frequently borrow funds for investment, expansion, business development and operational requirements. In order for banks and financial institutions to grant funds to borrowers, there needs to be some form of assurance that the borrowed funds will be repaid to the lender. This assurance is obtained when borrowers offer an asset […]

Difference Between Lien and Levy

Lien vs Levy   Any individual, firm, corporation, or legal entity will have to make a payment to their country’s government known as a tax payment. The funds that are collected through tax is the largest income that the government receives and is used for the running of government, investment, development, infrastructure, healthcare, public safety, […]

Difference Between Future and Swap

Futures vs Swaps    Derivatives are financial instruments whose value depends on the value of an underlying asset or the value of an index. Derivatives are used for a number of purposes which include risk management, hedging, speculation, portfolio management, and for arbitrage opportunities. Two such commonly discussed derivatives are swaps and futures. Swaps and […]

Difference Between Cost of Capital and Cost of Equity

Cost of Capital vs Cost of Equity   Companies require capital to start up and run business operations. Capital maybe obtained using many methods such as issuing shares, bonds, loans, owner’s contributions, etc. Cost of capital refers to the cost incurred in obtaining either equity capital (the cost incurred in issuing shares) or debt capital […]

Difference Between Lien and Pledge

Lien vs Pledge   Companies frequently borrow funds for investment, expansion, business development and operational requirements. In order for banks and financial institutions to grant funds to borrowers, there needs to be some form of assurance that the borrowed funds will be repaid to the lender. This assurance is obtained when borrowers offer an asset […]