Swingline Loan
What is a Swingline Loan
A Swingline loan is a type of business loan that gives the borrower the ability to access a line of...
Junior Mortgage
What is a junior mortgage and how does it work
A junior mortgage is a loan that is secured by the property, but which has...
Additional Paid-In Capital
What Is Additional Paid-In Capital?
Additional Paid-in Capital is the premium a company receives from investors either at its initial public offering (IPO) or when...
Accrued Liability
What is an accrued liability
An accrued liability is a financial obligation that has been incurred but has not yet been paid. This can occur...
Loan Loss Provision
There are two fundamental approaches to loan loss provisioning: a negative approach and a discretionary approach. Negative provisioning is the most traditional approach, whereas...
Hybrid Arm
What is a hybrid arm and how does it work
A hybrid arm is a type of prosthetic arm that combines the best features of...
Brown Bag Meeting
Three Ways to Successfully Organize a Brown Bag Meeting
Brown bag meetings are a combination of a seminar and a small-group meeting. They are focused...
Gamma Hedging
Gamma hedging is a form of risk management that is credit in nature. It involves adding diverging option positions to your portfolio. This strategy...
Option Pool
What is an Option Pool
An option pool is a portion of a company's equity that is set aside for issuance to future employees, directors,...
Negative Covenant
What Is a Negative Covenant?
A negative covenant is a term you may have heard a lot. These agreements are often used in non-compete and...