MORTGAGE SHORT SALE
The sale of a mortgaged property by a financially distressed borrower for the remaining outstanding mortgage balance. The proceeds will be used to repay the lender, which receives less than full repayment of the mortgage, making the borrower free from the mortgage obligation. This is to prevent what would amount to bigger losses for the lender if to be foreclosed on the mortgage.
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Cost-Volume Profit Analysis
Cost accounting method used in managerial economics. The analysis is based on identifying the break off point of cost and volume of products. This ...
Trade
1. In economics, transaction where several parties are engaged in the negotiation and exchange products and services for a specific product and ser ...
Adam Smith
A philosopher and free-market economist during the 18th century, famous for his ideologies about the efficiency of labor division and individuals&# ...
SEC Form S-1
SEC Form S-1 is also referred to as the “Registration Statement Under the Securities Exchange Act of 1993. SEC Form S-1 is the initial regist ...
Consumer Packaged Goods - CPG
Product consumed daily by the average consumer. Goods included in this category are replenished frequently. CPGs entails a market with consumers, i ...
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