Direct Debit vs Standing Order Direct Debit and Standing Order, are two banking terms that have long been confusing among people. These banking terms direct debit and standing order are used in connection with withdrawal from your bank account. Money is automatically withdrawn in favour of another account from your account through both these instruments. […]
Difference Between Insurance and Assurance
Insurance vs Assurance Insurance and Assurance sounding similar; the words insurance and Assurance are commonly used by companies selling financial products. The two terms Insurance and Assurance are very confusing in financial world. When it comes to choosing financial products from insurance companies to safeguard interests of a person or an object, many companies prefer […]
Difference Between Feasibility and Viability
Feasibility vs Viability Feasibility and viability are tools used in the investment appraisal of a project and its sustainability. Viability is the ability of a thing to maintain itself or get back its potentialities. Viability of a business is measured by means of the length of its survival. It is interesting to note that the […]
Difference Between Broker and Dealer
Broker vs Dealer Broker and Dealer are both job functions associated with securities. They might appear to have same functions but as a matter of fact there are some differences between the two. A broker is a person who does not have a big experience in dealing with securities whereas a dealer is said to […]
Difference Between Fortnightly and Monthly Loan Repayments
Fortnightly vs Monthly Loan Repayments Fortnightly and Monthly Loan Repayments are the same by all means except for the frequency of the repayment schedule that results in reduced interest payment and thus reduce the loan term. When you borrow money from a bank or any other financial institution for that matter, the most common form […]
Difference Between Gambling and Speculation
Gambling vs Speculation Gambling and Speculation are popular among those who are interested in making easy money. One cannot deny that money runs the world today. People always thrive to profit, and the easier it is to earn money, the better. With that mindset comes the popularity of gambling and speculation. However, what one […]
Difference Between Gambling and Investing
Gambling vs Investing Gambling and Investing have few things in common. Both these activities involve money and are considered as commercial activities. There are many ways in which to spend one’s money to earn more. Therefore, taking a closer look at these two activities allows the reader to see that there are many differences […]
Difference Between GAAP and IFRS
GAAP vs IFRS GAAP vs IFRS GAAP and IFRS are two of the accounting rules and guidelines that regulate the financial reporting standard. All over the world, different procedures for computing financial results of companies are being observed which are known as their versions of GAAP or local GAAP. This is nothing but generally accepted […]
Difference Between GAAP and IAS
GAAP vs IAS To talk about differences between GAAP and IAS, we first need to have an understanding of the two concepts. For a layman, GAAP refers to General Accepted Accounting Principles that are a framework within which financial statements of any company are prepared, summarized and analyzed. They reflect the standards, rules and conventions […]
Difference Between Shares and Stocks
Shares vs Stocks The companies around the world raise money for their operations and future expansions through many ways like loan from banks, issuing bonds, issuing shares and taking private loans. Most companies prefer to raise money through stock market by issuing shares. A share is an instrument that is issued to its holder as […]
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