Traunch (Definition & Meaning in Business)
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 why do you need it?
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...
Nonresident Alien
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...
Sublease : Benefits & How to Find it
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...
Accretive in Finance
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...
Expropriation Explanation
What is expropriation and why is it used
Expropriation is the taking of private property by a government for public use. It is used as...
Bear Hug Definition in Business and Finance
What is a bear hug in business terms
In business, a bear hug is an offer to buy a publicly listed company at a significant...
Unencumbered Definition
What does it mean to be unencumbered
In business and personal finance, "unencumbered" refers to an asset that is not held as collateral for a...
Form 2848: Power of Attorney and Declaration of Representative
What is Form 2848
Form 2848 is used to give someone else authority to represent you before the IRS. This could be an individual, like...
Contingent Beneficiary
What is a contingent beneficiary
A contingent beneficiary is a person or entity who will receive assets only if the primary beneficiary dies before the...