Lock Out Lock Out is the withholding of employment by an employer and the whole or partial closing of the business establishment in order to gain concessions…
Convertible Debt In finance, convertible debt is a type of bond that the holder can convert into a specified number of shares of common stock in the…
Liquidation Preference A liquidation preference is a clause in a contract that dictates the payout order in case of a corporate liquidation. It is one of the…
Difference Between BPM And RPA For many years, business process management (BPA) has been a fundamental part of organizations’ digital transformation strategies. However, as technology advances, the digital age requires…
Robotic Process Automation (RPA) Robotic Process Automation (RPA) is basically a software technology that automates manual and repetitive tasks that would have been performed by humans otherwise. RPA is…
Convertible Bond In finance, a convertible bond or convertible note is a type of bond that the holder can convert into a specified number of shares of…
Difference Between Business Continuity And Disaster Recovery Business Continuity (BC) – According to the International Standards Organization (ISO), the concept of business continuity arose when governments and regulators recognized the need to…
Exchangeable Bond Exchangeable bond (XB) is a type of hybrid security consisting of a straight bond and an embedded option to exchange the bond for the stock…
Convertible Security A convertible security is an investment that can be changed into another form. It is a security that can be converted into another security. Both…
Hybrid Security A hybrid security is single financial security that combines two or more different financial instruments. Hybrid securities are a broad group of securities that combine…
Difference Between Internal Audit And Internal Control Internal Audit is a function, while Internal Control is a system. Internal audits are performed at specific times to assess: 1) if the company has…
Vulture Fund Vulture funds deal with distressed securities, which have a high level of default and are in or near bankruptcy. A vulture fund is a hedge fund,…