Archive for the ‘Finance’ Category

FINANCE: World Bank

Friday, August 22nd, 2008

World Bank is an international bank. The main goal of the bank is supporting developing countries. World Bank gives technical and financial support. Poverty is a worldwide problem and the bank mostly deals with that problem. World Bank was established in 1945, after World War II. The major fields that World ...

FINANCE: What is Mortgage?

Thursday, July 24th, 2008

Nowadays mortgage is a popular subject and everyone wonders the system of it, what it means. Encarta dictionary defines the word “mortgage” basically as “an agreement by which somebody borrows money from a money-lending organization such as a bank or savings-and-loan association and gives that organization the right to take ...