What is the Coase Theorem
The Coase Theorem is a theory in economics that posits that when parties to a dispute have complete information and no transaction costs, they will reach an efficient solution regardless of which party holds the...
What is accumulated depreciation and how is it calculated
Accumulated depreciation is an accounting method used to track the wear and tear of a fixed asset over its lifetime. This information is then used to calculate the asset's value for...
What are compensatory damages
Compensatory damages are a type of damages award that is given in order to compensate the victim for their losses. This can include both economic and non-economic losses, such as medical expenses, lost wages, pain and...
What is a retention bonus
A retention bonus is a type of employment incentive that is offered to key employees in order to encourage them to stay with a company for a certain period of time. Typically, retention bonuses are...
What is a traunch and how is it used in venture capital
In venture capital, a traunch is a portion of the total investment that is broken up into smaller investments over time. This allows the venture capitalists to spread...
What is Form 8606 and what does it do
Form 8606 is a tax form used to report nondeductible contributions to a traditional IRA. The form is used to keep track of your basis in the account, which is the...
What is a nonresident alien
For tax purposes, the IRS defines a nonresident alien as an individual who is not a U.S. citizen and does not meet the green card test or the substantial presence test. Nonresident aliens are subject...
What is a sublease
A sublease is a contract between a tenant and a subtenant that allows the subtenant to live in the property for a set period of time. The subtenant agrees to pay rent to the tenant, and...
What is accretive
The term "accretive" is often used in the context of finance. In general, it refers to something that increases the value of an asset. For example, if a company acquires another company, the purchase may be considered...
What is expropriation and why is it used
Expropriation is the taking of private property by a government for public use. It is used as a means of acquiring land for public projects, such as roads and schools, or to...