Types of Debt covenants and its impact

Debt covenants

Consider you giving your car to your bestie with checklists to take care of. It may include To-Do List like keeping a petrol tank full, obeying traffic rules (positive debt covenants). It may also include a Not To Do list like No rash driving, No drink & drive (negative debt covenants). Similarly, a Debt or …

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Examples & Types of Financial Assets

Financial assets

Imagine the House you own, or your parents own which will pass on to you in the future. If you decide to sell it today, it will fetch you money in return. Therefore that house becomes your Financial assets. The asset is something valuable that can fetch you money in return or gives you benefits. …

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Global Impact of Coronavirus

corona virus impact

Unseen, scary, and breathtaking, Coronavirus is no less than a scary disease and at present, the world is haunted by it. The worst part is that we do not know much about it, still in the exploring phase. Corona Virus is trying to swallow the entire world in one shot. COVID-19 the scary virus has …

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