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.
POPULAR TERMS
Position
It refers to the amount of security either owned or borrowed by a person or a dealer. It’s basically a trade that an investor currently holds ...
Centrally Planned Economy
Economic system in which the state or government make economic decisions. It aims to regulate what is produced and how resources are used and distr ...
Debtor Nation
A nation with a cumulative balance of payments deficit. A debtor nation has negative net investment after recording all of the financial transactio ...
Fool In The Shower
The notion that policies designed to change the economy’s course should be done slowly, instead of all at once. The phrase is attributed to N ...
Discounted Cash Flow - DCF
A valuation method used to estimate the attractiveness of an investment opportunity. Discounted cash flow (DCF) analysis uses future free cash flow ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
