Quantcast

Latest Murillo Campello Stories

2010-10-05 19:20:34

When the economy sours, small firms seeking credit tend to face higher costs of financing, leading them to reinvest their profits before they pay off creditors.

ab9b51f0ef21ee7974f075d63dd8916b1
2010-03-16 14:50:00

Questionable lending helped sink the US economy, but also provided a lifeline that kept countless firms afloat and averted an even deeper recession.


Word of the Day
cassation
  • The abrogation of a law by a higher authority; annulment.
  • In music, during the eighteenth century, a song or an instrumental piece similar to the serenade, intended for performance in the open air.
The word 'cassation' comes from the French 'cassation', from Latin 'casso' ("destroy, annul").
Related