The study of money, currency, and assets. More specifically, it looks at how these financial instruments are managed. It covers areas such as public, private, and corporate finance.
Table of Contents What is Earnest Money? Purpose of Earnest Money How Much Earnest Money is Required? Is Earnest Money Refundable? The Earnest Money Deposit Process What Happens to Earnest Money at Closing? Potential Risks and Protections in Earnest Money Examples of Earnest Money Transactions FAQs Earnest Money: Definition, Purpose & Examples Written by Paul
A FICO score is a numerical representation of an individual’s creditworthiness, calculated based on factors such as payment history, credit utilization, and length of credit history.
Transfer pricing is the practice of setting a price for goods or services exchanged between related parties, aimed at achieving a fair market value for the transaction and minimizing tax liabilities, while promoting economic growth.
A rate of return is the measure used to calculate the profitability of an investment. Expressed as a percentage, it represents the gains made.
A private equity fund is a type of investment fund that invests in privately held companies, usually with the aim of acquiring a controlling stake in those companies.
In finance, perpetuity refers to the ongoing payment of a bond or security with no end date. Payments are made indefinitely.
The balance sheet is a key financial statement that public and private companies report on. It highlights a firm’s assets, liabilities, and equity.
The income statement details the firm’s revenue and expenses during a period of time.
EBITDA stands for Earnings Before Interest, Tax, Depreciation, and Amortization.
Retained earnings are the amount that a firm keeps after it has distributed dividends to shareholders.
