Comprehensive income

Comprehensive Income

What is comprehensive income and why is it important Comprehensive income is a measure of a company's financial performance that includes not just its net...
common size income statement

Common Size Income Statement

What is a common size income statement An income statement is one of the financial statements that businesses use to assess their financial health. It...
spillover effect

Spillover Effect

What is the spillover effect and how does it work The spillover effect is a term used in economics to describe the positive or negative...
writ of attachment

Writ of Attachment

What is a Writ of Attachment A writ of attachment is a court order that requires a person or company to hand over assets to...
irrevocable beneficiary

Irrevocable Beneficiary

What is an irrevocable beneficiary An irrevocable beneficiary is someone who has been designated to receive specific property, benefits, or funds after another person's death....
open kimono

Open Kimono

What is Open Kimono The phrase "open kimono" is often used in business settings to describe a situation in which one company shares information with...
Modified Gross Lease

Modified Gross Lease

What is a Modified Gross Lease A modified gross lease is a type of lease in which the tenant is responsible for a portion of...
Posterior probability

Posterior Probability

What is posterior probability and how is it different from other types of probability Posterior probability is a type of probability that takes into account...
Switching costs

Switching Costs

What are switching costs and why are they important Switching costs are the costs associated with switching from one product or service to another. They...
time horizon

Time Horizon

What is time horizon and why is it important to investors The time horizon is the length of time an investment is held. It is...