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Intrinsic Value

Intrinsic value refers to the value of an asset or security based on its own characteristics and properties, rather than its market price. It is the theoretical value of an asset calculated using a specific model or methodology, taking into account factors such as the asset’s future cash flows, its fundamental attributes, and market conditions. […]

3 mins read

Cherry Picking

Definition: Cherry picking is the selective collection of information or data from a source, often in a way that misrepresents the original source or distorts the overall message. It is a cognitive bias that involves taking only the information that confirms or supports a particular belief or position, while disregarding contradictory evidence. Examples: Causes: Consequences: […]

3 mins read

Positive Economics

Positive economics is a branch of economics that seeks to understand the economic behavior of individuals, firms, and nations through empirical analysis and mathematical modeling. It focuses on explaining and forecasting economic phenomena using scientific methods. Key concepts in positive economics: Examples of positive economics: Positive economics is used in: Key differences between positive and […]

2 mins read

Customer

Definition: A customer is a person or organization that purchases goods or services from a company. They are the end-users of the products or services offered by the company. Key Characteristics: Types of Customers: Customer Relationship Management (CRM): CRM is a process of managing customer relationships through various tools and techniques, including: Importance: Customers are […]

2 mins read

Authorization Date

The “authorization date” is an important timestamp used in various scenarios, depending on the context. Here’s a breakdown of its meaning in different areas: General usage: Specific contexts: Additional notes: Please let me know if you have further questions or would like me to explain the “authorization date” in more detail in a specific context. […]

3 mins read

Law Of One Price

The law of one price is a concept in economics that states that the price of a good or service is the same in all markets at a given point in time. Explanation: Examples: Exceptions: There are some exceptions to the law of one price. These include: Conclusion: The law of one price is a […]

3 mins read

Electronic Payment And Receipts Framework

An electronic payment and receipts framework is a standardized set of protocols and technologies that enable seamless and secure electronic payments and receipts exchange. It aims to streamline processes, reduce fraud, and improve overall efficiency. Components of the Framework: 1. Payment Gateways:– Connect payment providers (e.g., PayPal, Stripe) to electronic payment systems.- Facilitate secure and […]

2 mins read

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