What is MPhil? MPhil is a research-based postgraduate degree program. It stands for “Master of Philosophy” and is a two-year program equivalent to an advanced Master’s degree. It is a higher-level degree than the traditional Master’s degree, and students who take this course are expected to be highly knowledgeable in their field of study. An …
What is a Merchant Bank? A merchant bank is a financial organization that provides a variety of services, including underwriting, issuing securities, and merger and acquisition advice to big businesses and rich people. A merchant bank concentrates on investment and corporate finance operations, as opposed to a commercial bank, which primarily accepts deposits and disburses …
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What is a Letter of Credit? A letter of credit is a payment tool used in international trade transactions, which provides an irrevocable guarantee from a bank to a buyer that payment will be made to the seller, provided that certain conditions are met. The letter of credit is an agreement between the buyer, the …
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What is King? The largest mattress size offered is a king mattress, which is huge in size and 76 inches broad by 80 inches long. It is a popular choice among couples and families who want plenty of room to stretch out and move around during the night. King-size mattresses are also ideal for people …
What is Kayak? A double-bladed paddle powers a kayak, a tiny, narrow boat. Kayaks are frequently used for leisure and athletic activities including fishing, touring, and whitewater rafting. They are also often used for transportation, particularly in wilderness and remote areas where other forms of transportation are not feasible. Kayaks are typically made of plastic, …
What is Hola VPN? Hola VPN is a free peer-to-peer VPN service that enables users to access blocked websites and conduct anonymous online browsing. It is available for multiple platforms, including Windows, macOS, Linux, Android, and iOS. The service routes a user’s internet connection through a network of other Hola users, making it difficult for …
What is Current Ratio? The current ratio is a monetary ratio that estimates a company’s proficiency to pay its short-term obligations. It is calculated by dividing a company’s assets by its current liabilities. A higher current ratio insinuates that a company has more assets than liabilities and is better financially able to cover its obligations. …
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What is Crowdfunding? Crowdfunding is a widespread phenomenon that has emerged in the past decade. It is a type of financing where people collect funds from multiple sources, usually online, to support a particular project or venture. Crowdfunding has become a popular way for entrepreneurs to fund their start-up businesses or raise money for a …
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What is Cross? Cross is a form of Christian symbolism and iconography, most often representing the instrument of the crucifixion of Jesus Christ. It is one of the most ancient symbols of Christianity. It is used in various contexts, including liturgical decoration, funerary art, and as an emblem on flags, jewelry, and other objects. Crosses …
What is a Credit Score? A credit score is a 3-digit numeral that lenders use to assess a consumer’s creditworthiness and ability to manage credit. It is based on the consumer’s credit report and is calculated by a credit bureau. As a consumer, having a good credit score is essential because it can affect a …
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