Credit Limit

A credit limit is imposed by lenders (very often, banks) as the upper limit or maximum amount a borrower can borrow. This is aimed at preventing over-borrowing by the borrower and it also helps lenders minimize their risk. Credit cards have credit limits that are often decided based on a person’s income level and credit … Read more

Treasury Bonds

Treasury bonds are bonds (loans) given out by the US government which are for a period greater than 20 years. The bond owners receive periodic interest payments for the duration that they hold the bonds for. Treasury bonds play a big role in the functioning of the global economy. The US government is considered the … Read more

Tangible Assets

The assets are usually referred to assets that are physical in nature and the value of which can be easily determined. For example, cars, buildings, furniture, machinery, are all examples of tangible assets.