Depreciation vs Amortization Depreciation and Amortization are two terms that are commonly seen and used in accounting and finance but are often misunderstood. While both refer to the same process of estimation of an asset’s useful life, there is a difference between depreciation and amortization which this article intends to make clear. All items, whether […]
Difference Between Secured Loans and Unsecured Loans
Secured Loans vs Unsecured Loans Secured loans and unsecured loans are two types of loans that bear some differences between them in terms of their rules and regulations, processing and the like. Secured loans are the loans for which you give some kind of guarantee to the financial institution that lends money regarding the repayment […]
Difference Between IFRS and Canadian GAAP
IFRS vs Canadian GAAP IFRS and Canadian GAAP are two accounting standards, the first is an international standard while the other is applicable to businesses in Canada only. To make accounting uniform so that the results of financial statements are more transparent and nearly similar in different parts of the world, International Accounting Standards Board (IASB) […]
Difference Between Charge Card and Credit Card
Charge Card vs Credit Card Charge card and Credit card are considered one and the same thing possibly due to many similarities but strictly speaking there are quite a number of differences between the two. One of the primary differences between the two is that a credit card allows a minimum monthly payment to be […]
Difference Between CAPEX and OPEX
CAPEX vs OPEX | Capital Expenditure and Operational Expenditure CAPEX and OPEX are terms that are encountered quite often in business valuation. What is the true worth of a business and how does the value of a business change over time are measured in terms of Capital Expenditures (CAPEX) and Operating Expenditures (OPEX). It has been […]
Difference Between Gift Card and Credit Card
Gift Card vs Credit Card Gift card and Credit card are often mistaken to be one and the same. They are understood often as two cards that are used in the same way. Strictly speaking there are some differences between gift card and credit card. Gift card is meant to be given to someone as […]
Difference Between IVA and Bankruptcy
IVA vs Bankruptcy IVA and bankruptcy are solutions for unmanageable debts. Due to financial crisis and hard economic times, more and more people in UK are under severe debt burden. Reckless spending through credit cards and other financial irregularities land people in a financial soup and they are unable to pay back their creditors. In […]
Difference Between Option and Warrant in Stock Market
Option vs Warrant in Stock Market Option and warrant are two terms common in the stock and derivatives market. They are traded throughout the world. People believe that stock options and warrants are the same because they have virtually the same leverage characteristics. They are very different instruments, however. Stock Option Stock options are contracts […]
Difference Between Third Party Insurance and Comprehensive Insurance
Third Party Insurance vs Comprehensive Insurance Third party insurance and comprehensive insurance are two options available for owners who want to insure their automobiles. Owning a new car is a delightful experience and a car is a thing of pride for the owners. Getting it insured is a necessity, as you don’t want to be […]
Difference Between SWIFT Code and Routing Numbers
SWIFT Code vs Routing Numbers The importance of the SWIFT code and routing numbers in the banking world makes us eager to know the difference between SWIFT code and routing numbers. SWIFT codes and routing numbers have one thing in common: identifying a bank. They are used by financial institutions to know in what […]
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