Quick Ratio vs Current Ratio It is foolhardy to assess a company’s financial performance on the basis of one or two economic indicators as financial experts will tell you. However, in reality it is common for people to have a look at some of the common performance indicators to gain an insight into company’s performance. […]
Difference Between Economics and Finance
Economics vs Finance The words economics and finance, more or less, seem that they are conveying a similar meaning. In the world of business, theories of finance and economics are often used in important decision makings. In academic field, finance and economics have their own identity. In this article, we will try to understand the […]
Difference Between Pension and Provident Fund
Pension vs Provident Fund Those who have worked in the industry for any length of time must be aware of these two wonderful schemes, to provide for money in times when it is needed most, that is in retirement or when one dies the money deposited in such funds is released to the family members. […]
Difference Between Deficit and Debt
Deficit vs Debt Debt is akin to a loan that a common man has taken from a bank. As long as he is able to pay back installments on time, he is said to be servicing the debt or loan normally. It is only when he is irregular or is not able to pay his […]
Difference Between POSB and DBS
POSB vs DBS DBS bank, having its origins in the island country of Singapore is the largest bank is South East Asia. It was set up in 1968 by Singapore government to promote development through this financial institution. It was then known as The Development Bank of Singapore, and hence the name. The name was […]
Difference Between Investment and Merchant Banking
Investment vs Merchant Banking Bank is an organization that provides a range of financial and some non financial services to its customers. The main source of income, that makes the bank survive is the interest charged from those to whom the bank has given loan. A bank accepts deposits from its customers and pay interest […]
Difference Between Variable and Fixed Interest Rate
Variable vs Fixed Interest Rate The term interest rate is often used in the field of financial management, and it can be often found in the advertisement launched by financial institutions like banks, etc. Interest rate can be defined as a percentage that can either be charged or paid for the use of money. Interest […]
Difference Between Visa and Visa Electron
Visa vs Visa Electron | Visa Debit vs Visa Electron Visa is an electronic funds payment company headquartered in California, and is operating in nearly all the countries of the world today. Visa is not a card issuing company, but operates through financial institutions all over the world. Visa holds nearly 40% market share of […]
Difference Between Cost Centre and Cost Unit
Cost Centre vs Cost Unit Cost center and cost unit are two concepts that sound similar, and are thus, very confusing to those outside an organization. These are terms that are applied mostly in terms of a business environment where cost and profit are involved. What makes it more confusing is the similarity of cost […]
Difference Between Bank and Post Office
Bank vs Post Office Post office has traditionally been a place used by people for purposes other than for which they go to a bank. While post offices have been there to provide mailing services and handle people’s and governmental mails, letters and envelopes along with parcels, banks have been used for banking services such […]
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