THIERRY DESMAREST
Chairman, and former Chief Executive Officer and President of Total, one of the biggest oil and gas firms worldwide. During his tenure, the company escalated its oil reserves, acquired PetroFina and Elf Aquitaine, and inked a natural gas deal with Iran. Prior to his stint in Total, he was a director of Sanofi-Aventis, Renault, and Air Liquide.
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Senior Stretch Loan
Senior Stretch Loan is a particular kind of loan to a business entity. Senior Stretch Loans have the features of both asset-based loans and cash-fl ...
Spread to Worst
Spread to worst is the discrepancy between two security classes in terms of overall returns. It may also be used in securities in the same class bu ...
Correlation Coefficient
Statistical measure determining the degree of interdependence of two variables. It describes the change in one variable relative to another variabl ...
Fractional Ownership
Fractional ownership in an asset. Fractional ownership shares in the asset are sold to individual shareholders who share the benefits of the asset ...
Unfair Trade Practice
Unfair Trade Practice is the use of any unethical, fraudulent, or deceptive method to obtain a particular business.
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SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
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