OWNER FINANCING
When a buyer finances the purchase straight through the person selling it. This often happens when the prospective buyer can’t obtain funding through a conventional mortgage lender, or is reluctant to pay the prevailing market interest rates. The seller may agree to owner financing if he or she is having difficulty selling the property.
POPULAR TERMS
Big Bath
Manipulating a company's income statement to make poor results more poor. It is often implemented in a bad year. New CEOs use the big bath so t ...
Non-Compete Agreement
An agreement between an employer and employee, where the employee agrees not to use information learned during employment in succeeding business ef ...
Private Brand
A brand placed on products that a large manufacturer has created for smaller retailers. Small retailers place their own private brand label on the ...
Baccalaureate Bond
It is a zero-coupon bond that is issued by some states in order to help families in saving for tuition in college by addition of other tax benefits ...
Value Engineering
Value Engineering is a systematic and organized approach of providing the necessary functions in a certain project for the lowest cost possible.
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SEE FOREX TUTORIAL
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
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