Rollover IRA vs Roth IRA IRA stands for Individual Retirement Accounts, which are special investment accounts that are designed specifically for individuals who wish to build a retirement fund and manage their investment portfolio. There are a number of different types of IRA including traditional IRA, rollover IRA and roth IRA. There are number […]
Difference Between Recourse and Non-Recourse Debt
Recourse vs Non-Recourse Debt When a bank or financial institution grants loans they require an asset to be pledged as collateral for the loan, which usually is the asset or property that the loan funds were utilized to purchase. The collateral that is pledged to the bank is used by the bank to recover […]
Difference Between Deductible and Premium
Deductible vs Premium An insurance policy is a contract that is signed between two parties; the insurer and insured in which the insured will pay a fee to the insurer who will in return promise to pay for any loss covered in the insurance policy. Insurance policies are taken out by businesses and individuals […]
Difference Between Interim Dividend and Final Dividend
Interim Dividend vs Final Dividend Owners of a publicly traded company are known as the company’s shareholders. Individuals make investments in firms by purchasing shares, thereby becoming shareholders of the firm. The returns that shareholders get from their investment include capital appreciation and dividend income. Dividends are profits that are distributed among the company’s shareholders. There are a […]
Difference Between MOU and MOA
MOU vs MOA MOA and MOU are both terms that can be termed as umbrella agreements often used in an organization’s activities when in conjunction with another entity. Although sometimes used interchangeably, MOA and MOU are two different agreements that stand for different things. What is MOA? MOA or Memorandum of Agreement is a […]
Difference Between HRM and HRD
HRM vs HRD Human resources are an essential section of any organization, company or institute. Recognizing this importance, separate branches geared towards the development and the safeguarding of this sector has evolved over time. HRD and HRM are two such subjects that cater to this growing need today. What is HRD? HRD or Human […]
Difference Between Demographics and Psychographics
Demographics vs Psychographics The key to the success of any business is the people that it engages with. It is important to do the necessary research in order to properly reach the target audience of one’s enterprise. This is where demographics and psychographics come in. What is Demographics? Demographics can be defined as the […]
Difference Between BOP and BOT
BOP vs BOT Balance of payments (BOP) records a country’s total inflows and outflows of funds and assets to and from foreign countries and offers an overview of all international monetary transactions. The balance of payments provides a summary of all transactions during the year and offers a clear snapshot of the country’s financial […]
Difference Between Economics and Managerial Economics
Economics vs Managerial Economics Economics is social science that is concerned with the production of goods and services, distribution and consumption of those goods and services, and transfer of wealth between entities within a country or across regions. The theory of economics in today’s world is a broad subject which is divided into microeconomics […]
Difference Between Cartel and Collusion
Cartel vs Collusion Competition exists in any marketplace that has more than one market player. Competition is seen to be positive and healthy to the economy as it encourages companies to offer better products to the market, lower costs to offer products at competitive prices, and continuously improve their performance, which is ultimately beneficial […]
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