Friday, February 23, 2024

Pigovian tax & Discount house

Pigouvian tax:  It is a tax levied on any market activities that generates negative externalities. This tax objective is to correct an inefficient market outcome. Example: Impose more tax on gold imports  

Discount house: Money dealer that participate in the buying and discounting (Selling) of bills of exchange and other financial products such as money market instruments, government bonds. 

Innovative finance topics along with their simple meanings

                      Green Finance: Money used for projects that help protect the environment, like solar power or electric cars. Crowdfund...