Compensatory Damages
What are compensatory damages Compensatory damages are a type of damages award that is given in order to compensate the victim for their losses. This...
Retention bonus: Features, Benefits, and Implications
What is a retention bonus A retention bonus is a type of employment incentive that is offered to key employees in order to encourage them...
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...