Economic Support

Enterprise Finance Guarantee: Facilitating Bank Lending to SMEs
A UK government scheme designed to facilitate bank lending to smaller companies by guaranteeing 75% of a company's overdraft, thus providing crucial financial support for businesses with a turnover of no more than £41M.
Grant in Aid: Federal Support for Local Governments
An in-depth look at Grant in Aid: US federal grants to state or local governments to maintain public services in economically challenged regions or during depressions.
Migrants' Remittances: Economic Lifeline for Families and Nations
Money sent by migrant workers in foreign countries to their former homes. These remittances support families, assist migration, and prepare for migrants' return. Significant in the balance of payments in many countries.
Small Firms Loan Guarantee (SFLG): A Comprehensive Guide
The Small Firms Loan Guarantee (SFLG) was a UK government initiative designed to help small businesses access financing. This article explores its history, importance, mechanics, and eventual transition to the Enterprise Finance Guarantee (EFG) scheme.
Unemployment Income vs. Welfare: A Comparative Analysis
An in-depth examination of the differences and similarities between unemployment income and welfare, including their definitions, eligibility conditions, and societal impact.
Foreign Aid: Forms, Statistics, and Examples
An in-depth exploration of foreign aid, including its various forms, statistical insights, and real-world examples of international assistance.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.