What is cottage industry
A cottage industry is a type of small-scale manufacturing that is typically done in the home. The term cottage industry can...
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...
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...
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...
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...
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...
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...
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...
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...
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...