Golden Handshake Clauses – Costs and Benefits
A golden handshake clause is a clause in an executive employment contract that provides a significant severance package if an executive is terminated due...
Bearer Bond
What are bearer bonds and how do they work
Bearer bonds are a type of debt security in which the owner, or "bearer," is entitled...
Three Tips to Avoid Becoming Overleveraged
Overleveraged means to borrow more money than you can afford to repay. The nation of Greece is an example of a country that has...
Loan Constant
What is a loan constant
A loan constant, also known as a mortgage constant, is the percentage of your loan's monthly payment that is devoted...
Bullet bond
What is a bullet bond
A bullet bond is a type of corporate bond that is typically issued by companies with below-investment-grade credit ratings. As...
Uniform Securities Act
What is the Uniform Securities Act and what does it do
The Uniform Securities Act is a set of laws that governs the offer and...
The Risks of Investing in Hot Money
What is hot money?
Basically, hot money is the flow of funds from one country to another. It is supposed to generate a profit on...
Asset Valuation
What is asset valuation and why is it important
Asset valuation is the process of determining the worth of an asset. The value may be...
Revealed Preference : Theory and Examples
Many people have a poor understanding of their motivations and values. They will say that charm pricing is stupid, and may round up prices...
Liquidity Event
What is a liquidity event and why do companies undergo them
A liquidity event is a situation in which a company's assets are converted into...