This paper uses data from the National Financial Inclusion Survey 2018 to understand the determinants of financial inclusion in Sri Lanka and their significanceArandara, RathnijaGunasekera, ShanukiSocial Science Electronic Publishing
Financial freedom can mean something different for each of us. For some, it might simply mean being debt-free. For others, it might entail a comfortable lifestyle. Or perhaps it means having enough money to pursue your passion, whether it’s travel, writing, painting, volunteering, or someth...
What does it mean to have FDIC insurance coverage up to $250,000 per depositor, per institution and per ownership category? Per depositor, per institution:This means that the FDIC insures deposits that one person (the depositor) owns in one insured bank (the institution), and that’s separa...
Gavin Allen: What does it currently mean for legacy or established banks to “digitalize”? Jayne-Anne Gadhia: In many areas, not just banking, moving legacy systems from COBOL programming and AS/400 hardware and the complex division of customer records is really, really hard. And I think ...
How does creating and redeeming ETFs work? To create new ETF shares, an "authorized participant" — typically an institutional investor like a broker — gives the ETF a basket of assets that match the ETF's portfolio or a cash payment. In exchange, they receive a block of new ETF shares...
although it’s too soon to say whether this trend will have staying power over the long term. Regaining a long-term productivity growth rate of 2.2 percent annually could mean a $10 trillion increase in US GDP by 2030. To achieve that level of productivity gains requires unlocking the power...
How does a stock get added to the S&P 500? Standard & Poor’s has strict criteria for being admitted into its flagship index, andcompanies are admitted on a quarterly basis, if they fulfill the criteria (and may also be replaced and removed). ...
What does exclusive of all taxes mean? Exclusive of all taxes (or a tax-exclusive tax rate) simply means that no taxes have been included in the price. This means that it may be subject to any number of additional taxes, depending on the specifics of the goods or services being rendered...
Debt may be “good” when it helps you establish credit, build wealth, or reach a personal goal. Debt may be considered “bad” if it’s costly, hurts your credit score, or makes it harder to reach your financial goals. This article helps explain what good debt and bad debt mean, how...
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