If you’ve been receiving a lot of compliments from clients and managers alike, maybe it’s time to start your law firm. Though the idea of starting your business is intriguing, you are

Want to improve your personal finances quickly and effectively? Who doesn't? The good news is that just about anyone can begin right now taking the steps necessary to make their money situ

IRR - Internal Rate of Return In order to build shareholder equity, firms carefully evaluate projects to decide which projects they should fund and which they shouldn’t. The project manage

Abandonment And Salvage What is 'Abandonment And Salvage' An expression that describes the forfeiture of property and the ensuing claim over that property by a second party. Abandonment an

NPV - Net Present Value The difference between the present cash value and the value of cash outflows at present will give you the net present value. Net present value is one of the most impo

Zero-Based Budgeting (ZBB) What is 'Zero-Based Budgeting - ZBB' Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. Zero-based

Half Stock What is 'Half Stock' Stock sold with a par value half of what is considered standard. Half stock can be either common or preferred and, other than the reduced par value, acts as