Adhesive

June 18, 2017 IIS Institute 0

Adhesive, a substance used to bond two or more surfaces together. Most adhesives form a bond by filling in the minute pits and fissures normally […]

Hire Purchase

June 13, 2017 IIS Institute 0

Hire Purchase, a form of credit whereby, technically, a good is hired for a specific period at the end of which the hirer has the […]

Savings Institutions

May 16, 2017 IIS Institute 0

I INTRODUCTION Savings Institutions, banks or organizations originally established to encourage personal savings through the deposit by individuals of money that accrued earnings in the […]

Banking

May 14, 2017 IIS Institute 0

I INTRODUCTION Banking, transactions carried on by any individual or firm engaged in providing financial services to consumers, businesses, or government enterprises. In the broadest […]

Accounting and Bookkeeping

April 26, 2017 IIS Institute 0

I INTRODUCTION Accounting and Bookkeeping, the process of identifying, measuring, recording, and communicating economic information about an organization or other entity, in order to permit […]

Capital

April 26, 2017 IIS Institute 0

I INTRODUCTION Capital, the collective term for a body of goods and monies from which future income can be derived. Generally, consumer goods and monies […]

Interest

April 26, 2017 IIS Institute 0

Interest, payment made for the use of another person’s money; in economics, it is regarded more specifically as a payment made for capital. Economists also […]

Loan

April 26, 2017 IIS Institute 0

Loan, in finance, the lending of a sum of money. In common usage, the lending of any piece of property. A loan may be secured […]