Outsourcing is when a company hires a third-party business or individual to perform work. Learn more about the pros and cons.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Nonrecourse loans limit lender recovery to collateral, safeguarding borrower's other assets if they default. Loans without recourse often have higher interest rates to offset the increased risk to ...