Finance

In corporate law, a stock certificate is a legal document that certifies ownership of a specific number of shares of stock in a corporation. It…

A bearer bond is a bond or debt security issued by a business entity such as a corporation, or a government. It is a type…

Preferred Dividends could be a fixed dividend received from Preferred stocks. If a company or an organization is unable to pay all dividends, claims to…

A bearer instrument refers to an instrument that is payable to anyone possessing the instrument and is negotiable by transfer alone. It is a document…

A complementary currency is any currency that is not a national currency but has acceptance for use in specific conditions in a nation. It is…

Preferred shares (also known as ‘preferred stock’ or ‘preference shares’) are shares of a company’s stock with dividends that are paid out to shareholders before…

Barter is to exchange goods for other things rather than for money. In trade, barter is a system of exchange where participants in a transaction…

Memorandum of Association The Memorandum of Association (MOA) of a company defines the constitution and the scope of powers of the company. It contains the…

A debtor is a company or individual who owes money. A debtor is an entity that owes a debt to another entity. The entity may…

Retained cash flow (RCP) is essentially a measure of the net change in cash and cash equivalents by the top of a financial period. It…

Debt relief or debt cancellation is the partial or total remission of debts, especially those owed by developing countries to external creditors. It is the…

Debt consolidation means combining more than one debt obligation into a new loan with a favorable term structure such as lower interest rate structure, tenure,…