LIMITED LIABILITY COMPANY - LLC
A business structure where the company members are not personally responsible for its debts or liabilities. In essential, it combines the traits of a sole proprietorship or partnership, and a corporation. Similar to the corporation, the availability of single flow-through taxation to LLC members is part of a partnership feature. LLC shareholders are protected from personal liabilities that is beyond what they have invested in the company. LLCs are different from one country to the other.
Also called company limited by share.
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Commodity Futures Trading Commission - CFTC
Independent federal agency in the United States regulating the commodity futures and options markets. A product of the Commodity Futures Trading Co ...
Accelerated Amortization
It is an extra payment that is made toward a mortgage principal. By using accelerated amortization, the loan borrower can pay additional payment to ...
SFC
Securities And Futures Commission (SFC) is a regulatory body created by the Securities and Futures Commission (SFCO) for Hong Kong that regulates a ...
Raider
A raider is a person that attempts to take over a company through making a hostile takeover bid. Raiders target companies with undervalued assets a ...
Net Sales
It refers to the gross revenues minus returns and discounts of a company. It is the amount presented in an income statement under sales revenue.
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