Business Management Blog

A lease option agreement is sort of a rent-to-own deal. You rent the property from the owner for a fixed period (usually no more than a few years), at the end of which time you have the option to buy the property. Normally, the seller requires some sort of down payment (often less than a [...]

The word bond basically means an IOU. You lend your money to Uncle Sam, to General Electric, to Procter & Gamble, to the city in which you live — to whatever entity issues the bonds — and that entity promises to pay you a certain rate of interest in exchange for borrowing your money. This [...]