Money Essays

WHAT IS BLACK MONEY There is no uniform definition of black money in the literature or economic theory. In fact, several terms with similar connotations have been in vogue, including ‘unaccounted income’, ‘black income’, ‘dirty money’, ‘black wealth’, ‘underground wealth’, ‘black economy’, ‘parallel economy’, ‘shadow economy’, and ‘underground’ or ‘unofficial’ …

The Impact of INR depreciation on the Foreign Currency Convertible Bonds (FCCBs) issued by Indian Corporates A convertible bond is a type of corporate bond that the holder can convert, within maturity, into a specified number of shares of common stock (conversion ratio) of the issuing company. A foreign currency …

We live in a world where money is needed for everything we do, so we end up becoming obsessed. At first, it’s a necessity, but then we want more. A person wants to keep making money because they are greedy. As long as they are greedy, they will always crave …

Does one’s success depend on the amount of money a person earns? This question has always worried people and the answer to it is not simple. In my opinion, being rich does not necessarily mean that you are successful. First of all, if you only work for money, you will …

1) Beginning in year 0, with a payment of $50,000, what is the present value of an asset in perpetuity which grows by 4% each year and which is discounted at the rate of 6% each year? 2) Should we proceed with a project that will pay us $100 million …

Introduction With the onset of the information age, Philippines are becoming increasingly dependent upon network communications. Computer-based technology is significantly impacting the ability to access, store, and distribute information like personal information’s, business information’s and stores these information’s into a secure storages and distribute it by internet connections or file …

The book “Rich Dad, Poor Dad” by Robert Kiyosaki is one of the strongest books devoted to investing and finance, because author’s conventional thinking of financial institutions and advisor doffers radically from the thinking of other researchers, analytics and actually wealthy people. The objective of the book is to teach …

Abstract The U.S. dollar has been declining in value, becoming less attractive to investors.  Nevertheless, the economy of the United States is expected to benefit from the decline of the U.S. dollar.  This is because the U.S. is facing a current account deficit, and the declining U.S. dollar would allow …

Every person has dreams and desires for the future, especially young people who think they’d do anything to make these dreams come true. Their dreams of possible careers are often limited to those of pop stars, singers, actors and actresses. In my opinion, what matters to young people nowadays is …

There are things in the world that people cannot live a day without. Some people can’t live a day without coffee, some without any sleep, while some without friends. Just think about the possible destructive outcome that might occur when people get deprived of those or of anything that the …