What Is an Acceleration Clause? An acceleration clause is a contract provision that allows a lender to require a borrower to repay all of an
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What Is a Covenant-Lite Loan? A covenant-lite loan is a type of financing that is issued with fewer restrictions on the borrower and fewer protections for
What Is a Merchant Account? A merchant account is a type of business bank account that allows a business to accept and process electronic payment
What Is an On-Us Item? An on-us item is a check or draft that is presented to the bank where the check writer has the
McDonald’s Corporation (MCD) beat estimates when it released its latest earnings report on Jan. 29. This snapped a three-quarter losing streak. The stock ended last
As president, Pete Buttigieg says he would measure the economy’s success not by the size of the stock market or the nation’s gross domestic product,
The Coca-Cola Company (IS) reported better-then-expected earnings before the opening bell on Jan. 30. The stock has been trading higher on the news and set
The Boeing Company (BA) missed earnings per share estimates when it reported quarterly results before the opening bell on Jan. 29. The stock slipped to
What Is Manufacturing Resource Planning? Manufacturing Resource Planning (MRP II) is an integrated information system used by businesses. Manufacturing Resource Planning (MRP II) evolved from