Term of the day
Energy Improvement Mortgage
Mortgage setting money aside for home improvements which will increase energy efficiency within a home. These are available when a home is purchased or refinanced. A certified home energy rater will assess the home and suggest ...
Find Your Words:
Theory stipulating the market is in an upward trend if one of its averages accelerates above a previous important high, it is followed by the same ...
Continuity of Business Enterprise Doctrine
Taxation principle, applicable to mergers and acquisitions, stating the acquiring company must either carry on the target firm’s usual busine ...
Refinance wave is a period in which a huge number of borrowers refinance mortgages in answer to changes in interest rates. When short-term interest ...
Tax which is levied on the investment income, at a fixed tax rate, as the investor pulls it out. Backup withholding aids in ensuring that the gover ...
Activity-Based Budgeting - ABB
A budgeting method wherein the activities that are accumulating costs in the organization's functional areas are recorded and its relationship ...
Milking the Cash Cows
Thinking of milking the cash cows? Actually, you can. A cash cow refers to a company which has the capacity to produce consistent cash flow, the cash left after deducting expenses. The en tity can reinvest that cash in new systems and plants, acquire a company or two, and support themselves should the economy slow down.
Truth behind Low-Rate Mortgage – and How to Avoid it
Most first time homebuyers believe the best way to choose a lender is to pick an institution that offers the lowest interest rate. This will affect both an individual’s short-term and long-te rm financial condition since it will determine the monthly mortgage payment and the total amount one has to pay for his or her house.
Special Features on Finance
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