BULLET TRANSACTION
Loan in which all principal is repaid when the loan matures instead of paying it on an installment basis over the loan’s lifetime. Only interest is paid off during the loan term. Having two or more tranches, several tranches have different maturities and/or interest rates. A firm may use this loan for working capital, either to acquire equipment or fund an acquisition.
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Skimming
Skimming is an act used by identity thieves to capture the personal information of an individual through electronic means. A little electronic devi ...
Federal Poverty Level - FPL
The minimum amount of gross income that a family needs for food, clothing, transportation, shelter and other necessities. In the United States, thi ...
Hiring Freeze
A situation where the employer temporarily freezes the hiring of new employees. Hiring freeze is put into place as a cost-saving effort as a result ...
Lump-Sum Payment
Repayment of the total or partial value of an asset by one-time payment. Usually, this is taken instead of recurring payments that would be receive ...
Announcement Date
The date in which a company will make an announcement on the details pertaining an issue of equity or debt. The announcement da ...
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