Enterprise value is defined as the amount of money needed to takeover the company. This type of negotiation takes place when companies often merge and form into an new company. For more information see here:
Enterprise value is defined as the amount of money needed to takeover the company. This type of negotiation takes place when companies often merge and form into an new company. For more information see here:
A 10-K is a financial report prepared by all publicly held companies. This report is required to be filed with the Securities and Exchange Commission (SEC).
Tenants in common refers to real estate ownership by more than one individual. There is no limit on the number of individuals who can be on the title. This is a risky form of ownership however in that all owners…
A T-bill is a treasury bill. It is a short-term debt instrument issued by the US government as a way of borrowing money. A T-bill does not bear interest.
A default judgment occurs when a Complaint has been filed by a party and the defendant fails to file any type of response to the Complaint. Certain services of the Complaint on the defendant needs to be accomplished, and the…
Billiard balls were originally made out of wood, hard rubber and even ivory (made from elephant tusks). But with the elephant population growing smaller, the industry decided to make the balls with a replacement material of celluloid. Since the early…
When you have term life insurance that means that you have purchased insurance for a certain period of time like till you are a certain age or for a certain number of years.
The largest bank in the United States of America is ironically Bank of America. This banking establishment has 1.082 billion dollars in total assets. You can find more information here:
Unemployment is the state of not having a job or employment. In the United States, the unemployment rate is currently around ten percent.
Money Gram is a way to wire money without using a bank. You will have to find a Money Gram provider in your area in order to send one. You can usually find them at grocery stores and chain stores…
Positive pay is a check fraud protection service offered by banks. When a person pays for something at a cash register with a check, this electronic service matches the check against those authorized by the bank.
An Orchard Bank secured credit card is easy to get. You put money in a savings account through them, and they set up a credit card for you.
The term consumer can be defined as person that uses products or services.In economics the term consumers can be defined as a person of organization that uses a commodity or service.Individuals and organizations can be classified as consumers of any…
Economist refers to the person who study the economic situation of the country. They conduct survey and research what are the causes of inflation and deflation of the economy.
The capital city of Guyana is Georgetown. The capital is over 200 years old. Georgetown was was chosen to be a fort. This was so that the early Dutch settlements of the Demerara River.
Annual household income is the combined income for all individuals in a household. Normally when considering annual income, the gross income is looked at and not the net.
A gross lease is a lease in which the tenant pays a flat rate to use the property. The landlord is then financially responsible for any other expenses such as repairs and maintenance.
Market price is how much people are willing to pay for something. You can set whatever price you want on something, but if people won’t pay it, you won’t get it.
Harassment is considered to be any kind of offensive behavior. It is any kind of behavior that makes you feel threatened or unsafe. Anytime you feel like you are in danger.
The population of the entire state of North Carolina is 9,222,414 people. That number is the estimated number as of September of 2008. There are, of course, people moving in and out of the state all the time so the…
Demand side economics is another name for Keynesian economics. It is based on the thought that government intervention is necessary for economic growth.
The federal minimum wage is $7.25 per hour effective July 24, 2009. It’s the lowest wage legally permitted in an industry or in a government or other organization. The goal in establishing minimum wages has been to assure wage earners…
Basically if you buy an item for say $10 in one arena and sell if for $20 in a different arena, you just made $10. You may say arbitrage but I’ll just call it profit.
The best way to increase your equity is to invest it in stock by buying and holding shares. When a private individual has equity, they place it in mutual funds. You can find more information here:
LLC stands for Limited Liability Company which is a corporate indicator. It means the company has completed a Certificate of Incorporation with the Secretary of State. For more information on what an LLC is and how to form one, check…
Factoring is a method where a business can finance money for operations without taking a traditional business loan. Factoring allows a company to sell its account receivables at a discount to a third party for an immediate lump sum. The…
The labor markets is made up of two sectors, primary and secondary. This is where dual labor market comes in. Primary consists of higher income jobs, whereas secondary consists of lower income and very little job security.
Self-employment tax is when a person is working for themselves and a tax is imposed on the self-employed individual. Everyone must pay taxes.
Errors and omissions insurance is a form of business liability insurance which protects vendors from lawsuits from mistakes, or services/tasks which were neglected during delivery of a service based contract.
The population of Sweden is 9,059,651 as of a July, 2009 estimate. 65.5 percent of these people are in the 15-64 age range. There are 18.8 percent of the total that are over 65 years old. Look here for more…
A stop limit order is used when you are buying or selling stocks. It is used to tell your broker at what price you would like to sell stocks that you own. The advantage is that the order to carried…
The popular vote in the American electoral process is how the general populace as a whole voted. The president is elected by the electoral college, each member of which casts one vote which is supposed to be for the candidate…
The term OTC stands for Over the Counter. These are stocks that are not traded on any of the stock exchanges such NYSE or NASSAQ. OTC is not limited to stocks but also includes bonds and derivatives. The sales are…
A free market system is one that operates with little or no government intervention. For example, in a true free market, companies like GM would have had to file for bankruptcy and liquidate. Our government bailed them out, and now…
The poverty level in the United States varies by the number of people in a household. For a household of four, the poverty level is $22,050.
A market economy relies on the market. It uses a supply and demand type system. It opens up the economy for a free market as opposed to a controlled one.
Interest rates are determined by supply, demand and the Federal Reserve Bank. If there is too much money or not enough demand rates fall. If there is too much demand or not enough money rates will rise. The FED will…
Zoning laws are government restrictions on how different properties can be used. The zones can be housing, financial, or industry. The laws attempt to eliminate damage to the owners.
A credit card is a plastic card that has money on it that you can use. However, that is money that you must pay back along with interest depending on what kind of credit card you have.
Per diem pay is money that is received everyday and is not included in a paycheck. Truck drivers most generally get this type of pay if they have to stay away from home overnight.
An independent variable is the variable whose value is not dependent on other variables. For example, if you were looking at a study of the effect of temperature on animal populations, the temperature would be the independent variable because it…
An unsecured credit card is credit given on your creditworthiness alone. There is nothing but your signature and a promise that you will pay back what you have borrowed.
A foreign investment is an investment in a company whose primary business takes place outside of the United States of America. The investment can be in the form of a stock, real estate or a commodity.
FHA is the Federal Housing Administration which is part of the U.S. Department of Housing and Urban Development. FHA has helped millions of people in their quests to homeownership by providing mortgage insurance on a variety of homes through FHA…
In regards to production, economic efficiency is when a product is made at the lowest possible cost, per a set output. In society, economic efficiency is any changes made to help one person, would harm another. This occurs when all…
A Roth 401(k) is a retirement plan now being offered by many companies. It combines the tax benefits of a Roth IRA and the savings benefits of a traditional 401(k) plan.
As of today November 23, 2009, the federal minimum wage is $7.25. The minimum wage laws vary from state to state. The highest minimum wage amount is about $8.25
Value at risk is used in financial mathematics to measure the risk of a loss in finical assets for a specific portfolio. The value at risk for a portfolio is usually calculated for 5 days to two weeks periods.
A money market is a market for short-term debt instruments, such as borrowing and lending. You can talk to your local bank or investment firm to find out what the best money market investments may be.
An independent variable is a object that is able to stand alone. They are used to tell the difference between two types of objects being considered or take a part.
You should paint your car whatever color makes you happy! Just make sure to go to a good paint shop or autobody shop, so you get a great paint job. And remember, once it’s painted, you will have to drive…
An IRA is short for Individual Retirement Account. It’s an account that keeps the balance of the investments that have been made by the fund manager for you. Look here for more information:
Debt settlement is when you either make arrangements with your creditors, or you go through a debt management company to resolve your debt. It is a arrangement that is worked out between both parties on the repayment of the debt.
Flood insurance covers your home and personal property in the event your house is flooded with water. Flood insurance is a critical necessity in the purchase of a home especially if the home is located by a body of water.
If you are in New York and your time is 11 o’clock in the evening the time in London would be 4 o’clock in the morning. London is 5 hours ahead of from the US.
Credit cards are devices to tap into a line of credit that has been extended to you for purchases. Credit cards let you pay a certain amount against the balance each month. Look here for more information:
Gross pay means the amount that you are paid in full for the hours that you worked, or the salary that you’ve agreed upon. It’s the pay before any taxes, social security or medicare has been deducted.
It’s an approach in accounting that uses asset values based on the actual amount of money paid for assets with no inflation adjustments.
Estate tax is a tax that is charged to someone’s assets after they have passed away. This tax will be paid by the person inheriting the estate or valuables.
Unlawful detainer is another word for eviction, or a removal of a tenant from a rental unit. In order to complete the eviction, then landlord must take the tenant to court, and win the lawsuit. For more information look here:
Uninsured motorist coverage will cover your loss from an accident in case the other driver doesn’t have insurance. It will also cover in case the other driver doesn’t have enough coverage for the losses. For more information, look here:
You are worth more than any piece of gold or diamonds you can find. You should always feel that you are worth a lot and never allow anyone to tell you that your are less than what you really are.
Child support generally covers the essential expenses of raising a child. Child support may include providing insurance or paying for education expenses. Check the child support order for specific expenses.You can find more information here:
The fifth estate is a term describing a group of people in society. This group would fall outside the other four groups that are classified as clergy, nobility, commoners and the press. This term is usually, but not always, given…
There are four types of economic systems. They would include the traditional, market, command and mixed economies. They all cover the item to be produced, how much should be produced, how should the good be produced and for whom.
Financial forecasting is an educated estimate or calculation of a person’s or company’s financial future. This is not a guaranteed figure, but rather an estimate of what is to come in the future. This estimate is calculated in part by…
A good sat score is considered a twenty or above since that is what most colleges require you to get before they will accept you. The sat test can be retaken if you don’t do well the first time.
A treasury bill is issued by the United States Treasury department. It is a government debt. These can be purchased by private investors and held for a profit.
HMO stands for Health Management Organization. All the doctors in an HMO have agreed to specific terms. For the patient is means you can only see certain doctors that are a part of the HMO.
Well what you want to do with your life is your decision. You have to write a list of goals you want to accomplish. Follow your heart and your dreams. With some hard work and dedication it can happen.
The latest results of the U.S. Census Bureau are from the year 2006. They reported that the medium income of all households is $48,201. To find more information click here:
A PE Ratio, is also known as a Price Earning Ratio. A PE Ratio, is calculated by dividing the Market Value Per Share (MVPS), by Earnings Per Share (EPS). Investors believe a high PE, means high earnings in the future.
Stock options are divided into puts and calls. Calls increase in value when the security that supports it is going up and puts increase when the securities go down. Look here for more information:
Fixed costs are charges that a company or business or individual incur that does not change over a period of time. An example of a fixed cost is insurance.
Census is the systematically procedure acquiring that records information about the members of a given population. It’s a regular occurring and official count of a particular population.
A waiver of subrogation is the clause in a lease where both parties, the landlord and tenant, agree not file insurance claims against any property damage. It is also known as the transfer of rights recovery.
A real estate trust is the relationship between the agent and the client in a agency agreement. The trust basically dictates that whatever the agent knows the client should know as well and vice-versa.
Normally, FHA loans refer to first time homeowner loans. If a person is purchasing a home for the first time, they may qualify for an FHA loan. Many times these loans offer low down payments and lower interest rates.
To find out the current time in London, add five hours to eastern standard time, six hours to central time, seven hours to mountain time or eight hours to pacific time.
A fixed asset is an object that can not be easily sold for cash. This term is used in accounting. Fixed assets can include machinery, food, clothing and property.
A veteran is someone who has served or is still serving in the military. They are entitled to generous benefits and discounts. Military could be army, navy, or air force.
Population is the measurement of a certain species in an environment. There is a Population Division in the US Census Bureau of the government to measure the number of people in each state.
A LTD is a company that may be public or private. A LTD is a company limited by shares meaning that the company has shareholders. The shareholders personal assets are protected should anything negative happen.
A person who finds financing for investment properties or businesses is called an investment banker. Generally these bankers only work with private investors who have money to invest in run down properties.
The LIBOR rate may vary from day to day. There are ways to find out on a daily basis where the rate clearly stands. The rate comparable to the US federal funds rate. To find more information click here:
In 1980, minimum was was $3.10. The following year in January, it was raised to $3.35. The minimum wage is currently $7.25 as of July 2009.
It’s a mortgage lending business typically lends money on a mortgage loan, and then sells the mortgage loan to another lender once the loan is closed.
MSRP refers to manufacturer’s suggested retail price. In essence, the msrp is what the manufacturer of the car suggests car dealerships should list as the sale price of each car. Oftentimes, car dealerships then use that amount as a bargaining…
GAAP stands for ‘Generally Accepted Accounting Principles.’ GAAP represents a standard method of bookkeeping that defines how companies should maintain their financial records for the purposes of public accounting.
The population of England is 61,113,205, as of a July, 2009 estimate. This includes a .279 percent population growth in the country, and births of 10.65 per 1,000 people. Look here for more information:
An actuary is a financial professional who specializes in risk analysis. They use statistics and other mathematical formulas to calculate the risk of financial instruments.
An REO property is one that is owned by a bank or mortgage company. The property is owned by these entities because they had to foreclose on it.
Identity theft is an illegal activity that occurs when someone uses another person’s name for themselves. Identity theft commonly results in charges being wrongly made to accounts, credit being ruined, and criminals stealing your name.
Microfinance refers to the provisions made for lower income clients. This also includes consumers and self employed. It could also provide for the unemployed as well.
Auto liability insurance covers people and damage to vehicles and/or property when involved in an accident. This type of insurance covers you financially for any property and/or vehicle damage, as well as medical expenses incurred by the victim. Auto liability…
When you give someone power of attorney you are granting them the right to make some legal decision for you and also financial matters. There is also a medical power of attorney which will give your designated person make medical…
Annuities have existed for over two hundred years. Annuity is income from capital incestment that is paid in a series of regular payments.
A limited liability company is a business entity that enables the advantage of pass through taxation as a partnership, but limits the liability to you individually. It protects an individual from lawsuits that can take private assets. Look here for…
You can deduct child care expenses, medical expenses, health insurance, mortgage interest, education expenses, ire investments, property taxes, personal taxes, business expenses, and dependents.
What is looked for in a background check depends on what it is used for. Most background checks will look into your credit or criminal history.
The amount of your federal income tax depends on the amount of income you make, and whether you are single or married. There are several websites that offer charts so you can look up where you stand. You can find…
What does Medicare pay? That’s a question that is on the minds of many retirees. Let’s assume that you are 65 and over, there are 2 parts to Medicare. Part A pays for inpatient hospital expenses, while Part B pays…
The purpose of education is to teach a person things they need to know in life and about the world around them. Education teaches a person everyday life skills and job skills.
Ethical responsibility is the act of showing respect and understanding towards moralities. For example, it is an ethical responsibility to intervene when someone is being abused.
Estoppel is a legal term referring to situations in which one is legally barred from doing something. A good example of estoppel would be if a criminal defendant was tried for a particular crime and acquitted by a jury, the…
Leverage in finance is investment to supplement the debt that a company may have. The leverages are quite a risk for companies but very beneficial to executives who are receiving pay raises because of the profit. To find more information…
Capitalism is based on private ownership of capital, as opposed to government ownership. Capitalism asserts that the government shouldn’t interfere with economic trade, instead preferring to let the free market reign. You can find more information here:
Medicare and Medicaid are low to no-cost insurance programs that provide health care to the elderly, women and children. Medicare is geared more toward the elderly, while Medicaid is for women and children.
The jumbo loan limit for high cost areas in the Continental United States will be changing in 2010. The general limit of $417,000 will remain the same and the limit for high cost areas will go to $729,750. To find…
The Internal Revenue Service set the 2009 federal mileage rate at 55 cents for business use of your car. The rate you can claim for medical or moving travel is 24 cents. For more information see here:
Estate taxes are taxes that are assessed to a person’s or family’s estate upon transfer to the heirs. There are ways to avoid paying these taxes, but you must meet with a financial planner or other consultant to plan the…
A dividend is paid to stockholders from earnings when the corporation declares the dividends at their board meetings. You can get paid dividends from owning stocks or mutual funds.
A surcharge is an additional fee that is added to a product or service. Surcharge can also mean something is an overload or filled to an excessive degree.
State taxes are used to pay for expenses incurred by the state. These expenses are usually for the benefit for the residents of that state including paying for education, police services and other social services.
As of 3:04 AM Greenwich Mean Time on the 7th of December 2009, the total public debt of the United States of America is $12,009,771,198,901.68.
The word stock is a way to express the capital funds a company has raised. Stock is purchased as shares by people who become shareholders of that company.
Contact the employee form whom you lost the originals from. They should issue you a replacement. Some may require that you sign a statement saying that you lost or never received them before they reissue you new ones.
A growth stock is a stock that is projected to grow at a faster rate than the rest of the market, or the average of the market. They tend to do when when the economy is doing well.
The ACT test is made up of four parts. It has English Language, Reading, Math, and Science. You can recieve anywhere from a 1 to 36 on each section. These four scores are then averaged to generate your composite score.…
Poverty level in 48 states and D. C. is $10,400 per year for one person. Add an additional $3600 per person in a family. For Alaska and Hawaii the poverty level is slightly higher.
A REIT is an acronym for real estate investment trust. It is a real estate company that offers shares of its stock to the public similar to any other publicly traded company.
The capital of Quebec is Quebec City. It is the second most populated city in the province of Quebec after Montreal. Quebec City is one of the oldest European settlements in North America. Look here for more information:
DBA is considered Doing Business As. Sometimes companies take over other companies and will put down DBA. DBA can also mean Database Administrator.
Capital budgeting is how an organization determines if a new project is worth the investment. Capital budgeting is also known as investment appraisal. You can find more information here:
A put is a type of option used by those who invest in stocks. A put option gives the holder the right to sell a certain quantity of the underlying stock at a specific price, by a specific date. A…
Shanghai, is a very large and booming metropolitan area located in China. Being the largest city in the country, industry in Shanghai produces a wide variety of products: from electronics to glassware and leather goods. In addition, plastics and synthetic…
When your car is stolen, several things can happen. Typically, a police report is immediately filed. The police will register the vehicle as a stolen one as they search for it. If you have insurance, it might compensate you for…
Cap rate formely known as Capitalization rate is the ratio between the net operating income produced by an assest and it capital cost. Alternatively to its current market value.
A corporation tax is the tax imposed on a corporation each year. It can vary by state, type of corporate filing, as well as revenue. For more information on corporations and taxes, see the attorney run experts online at Agents…
California has one of the highest sales tax rates in the United States, at 8.25 perent. Some California jurisdictions also add a local tax, which can raise the tax to 10.75 percent. For more information see here:
Well it goes on your credit reports, and the person who sued you can petition for wage garnishment or any other way to get the settlement. It does remain a nasty scar and will hurt your credit score and chances…
The current immigration laws are quite strict, particularly for those with a criminal background. In dealing with immigration law, it is best to consult a professional with experience in the field.You can find more information here:
Croatia is 6 hours ahead of New York, New York, 7 hours ahead of Houston, Texas. So right now it is 10:13pm Friday, and it is 5:13am Saturday in Croatia.
A tender offer is a dollar amount that is made for a stock purchase. A tender offer is announced in newspapers and to alert shareholders of the stock. This is a type of corporate takeover bid that is done with…
The value of euro varies in different countries around the world. For example, the value of a euro to US dollar is $1.51 while its value to Philippine pesos is P69.94.
Is short for Electronic Funds Transfer. This could be done on the computer, ATM machine or telephone. Many people like the convenience of this instead of having to go in to a financial institution.
An electronic funds transfer is when money is transferred from one place to another over the internet. No one actually has the green money in their hands.
Mercantilism is actually defined as an economic theory that holds the prosperity of a nation when it is dependent upon it’s supply of capital. It is also a requirement that the global volume of the international trade is actually ‘unchangeable’.
Gross annual income is the total income received in one year from all sources before any deductions, taxes, adjustments, or other considerations are deducted resulting in the net income.
Today, November 20th, 2009, the current federal interest rate is 4.62%. Being with the current economical status in our country, good luck trying to get that rate!
Financial intermediation is surplus of money within an organization. The money is used to fund other resources in the company thus producing more income.You can find more information here:
A stock market is for those that deal in trading and purchasing of stocks and securities in which hopefully they will make money at. The stock market is actually for keeping track of the stock of different companies but does…
Financial information systems are a combination of computer hardware and application software which provide financial data and analysis. General ledger, payroll, purchasing, accounts receivable and job costing applications may all comprise components of financial information systems.
GDP stands for Gross Domestic Proudct. The GDP is a measure of all the goods and services that a country produces in a year. Sometimes, but not often, it can be measured within a specified time frame other than a…
Relative poverty is when someones standard of living or finances are low when compared to that of the rest of their society. For example, I may be considered poor when compared to Donald Trump, but when compared to a homeless…
A deed in lieu of foreclosure is an option that coud be available to borrowers who are having trouble repaying their mortgage. If a bank accepts a deed in lieu of foreclosure a borrower gives up the right to his…
To be considered as low income family depends greatly on the size of your family and the state in which you reside. Approximate guidelines are as follows: Individual: $16,245, family of 2: $21,855, family of 3: $27,465, family of 4:…
A debit card is merely a card that looks similar to a credit card but is linked directly to your checking account. When you use the card, money is withdrawn from your account to pay a vendor unlike a credit…
Bad credit is when you have a lot of debt that you are not paying off. Your credit score will be low. You do not want a low credit score because you will not be able to take out an…