ALLOWANCE FOR DOUBTFUL ACCOUNTS
This is a contra-asset account that takes note the part of the receivables of the company that it expects not to be collected. This allowance is just an estimate of the receivable of the company that they expect will not be paid by their customers. But the payment behavior of the customers is not affected and reflected by the estimate.
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Asset Substitution Problem
A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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Ethical Investing: Niche Investment Style
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An Introduction to Student Loans
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You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
An Introduction to MetaTrader 4 and MetaTrader 5
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08:00 | Public Sector Net Borrowing | Mar |