ENRON
American energy trading and utilities firm which brought one of the largest accounting frauds in history. Its executives incorporated accounting acts which falsely inflated its revenue. At the height of the scandal, the company became the seventh biggest company in the United States. When the fraud ended, it filed for Chapter 11 bankruptcy in 2001.
POPULAR TERMS
Hostile Takeover Bid
It refers to an attempt to take over a company without the company’s board of directors’ approval. When fighting for control of a publi ...
Fixed Income Forward
A contract to buy or sell a fixed income security, in the future, at a price agreed upon today. The price of a fixed income forward contract is cal ...
WACC
Weighted Average Cost of Capital is a calculation of the cost of capital of a given company. All capital sources are included in the computation su ...
Non-Owner Occupied
A classification used in mortgage origination, risk-based pricing and housing statistics for one to four-unit investment properties. The property i ...
Periodic Interest Rate
This is the interest rate charged on loans or realized on an investment in a specific time period.
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SEE FOREX TUTORIAL
The Types of Stock
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Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
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