A dormant account is an inactive account that has been left untouched by its owner for a year. After this time, it can be claimed by the account owner or a beneficiary. They will have to pay a maintenance...
What is sec yield
Before discussing what sec yield is, let's review some basics. A bond is a debt investment in which an investor loans money to an entity (usually governmental) for a defined period of time. The entity pays...
An economic moat is a strategic advantage that a company has over its competitors. It is often attributed to investor Warren Buffett. The economic moat is similar to a castle's moat, in that certain advantages protect a company from...
What is an outstanding check and what are the consequences of not paying it back
An outstanding check is a check that has been written but not yet cashed by the recipient. There are a few reasons why this might...
Inverse correlation is a type of relationship between two variables. The term refers to the fact that higher values of one variable are correlated with lower values of the other. The reverse of this relationship is also known as...
An Unlevered beta is a measure of systemic risk that removes the effect of debt. It measures how sensitive a stock is to its market. It is often used in the CAPM model to calculate BEA's cost of equity....
If you want to move your IRA from one account to another, recharacterization can be your solution. By following these steps, you can move your funds to a new account, while retaining the same IRA provider. You can recharacterize...
1.0x Liquidation Preference For Series A Preferred Stock
In the world of venture capital, a primary economic term is liquidation preference. This term describes the method by which investors' claims on dividends and other distributions are queued. Typically, liquidation preference...
What is the boom and bust cycle
The boom and bust cycle is a pattern of economic growth and contraction that repeats itself approximately every 10 years. The cycle is characterized by a period of rapid economic expansion, followed by...
The Balance Sheet and Trial Balance
A balance sheet is a financial statement that shows the assets and liabilities of a company. For example, Sally's Sweaters has $5,000 in the bank and another $5,000 in accounts receivable. She also owns...