SIR ALLEN STANFORD
Sir Allen Stanford is a former banker. He is most famous for undergoing investigation due to allegations of securities fraud that involved $8 billion. As per investigation, Allen Stanford allegedly misinformed 50,000 investors with regards to the level of professional management that they were receiving and moreover, he is also associated with transactions with Mexican drug cartels.
POPULAR TERMS
Capital Commitment
Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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