Committees of Correspondence were formed by colonial leaders to communicate their grievances with British rule. They were prompted by specific events and helped unify the colonies ideologically towards independence. They served as the impetus for the First and Second Continental Congresses, which led to US independence. Committees of Correspondence were groups formed by legislatures or […]
Liability matching is an investment strategy where companies match the value of their commitments with the cost of future expenses to avoid financial setbacks and decrease the risk of bankruptcy. Effective maturity and Monte Carlo simulation are important tools in this approach. Liability matching is an investment method in which investors and companies properly manage […]
