Counterparty Risk Management
Counterparty risk is the exposure of a business to the financial condition of a customer, or other party. The risks are often different in...
Cash Surrender Value
What is cash surrender value and why is it important
When a life insurance policyholder dies, the death benefit pays out to their beneficiaries. However,...
Unlimited Liability
Unlimited liability exists in two forms, one for individuals and one for business. Unlimited liability is the right of a business owner to pursue...
Wilcoxon Test
What is the Wilcoxon test and when is it used
The Wilcoxon test is a statistical test that is used to compare two populations that...
Regulation O
Regulation O and PPP Loans
Regulation is a term that describes the management of complex systems through trends and rules. These systems are common in...
Engagement Letter
The Essential Components of an Engagement Letter
The engagement letter is a legal contract between a client and a professional firm. It sets forth the...
The Williams Act
The Williams Act refers to the 1968 amendments to the Securities Exchange Act of 1934. It is designed to prevent companies from making unfair...
Cash Budget
What is a cash budget and why do you need one
A cash budget is a financial planning tool that tracks your estimated income and...