Weighted Average Coupon (WAC) Definition
What Is the Weighted Average Coupon (WAC)? The weighted average coupon (WAC) is a measurement of the rate of return…
Business News
What Is a Chargeback? Definition, How to Dispute, and Example
What Is a Chargeback? A chargeback is a charge that is returned to a payment card after a customer successfully…
What Is a Triggering Term?
A triggering term is a word or phrase that, when used in advertising literature, requires the presentation of the terms…
Foreign Savings Account Definition
What Is a Foreign Savings Account? A foreign savings account is more like an investment account than traditional savings accounts…
Temporal Method
What Is the Temporal Method? The temporal method (also known as the historical method) converts the currency of a foreign…
Key Money Definition
What Is Key Money? Key money is a fee paid to a manager, a landlord, or even a current tenant…
What Is a Passive Foreign Investment Company (PFIC)?
What Is a Passive Foreign Investment Company (PFIC)? A passive foreign investment company (PFIC) is a corporation, located abroad, which…
Brokered Deposit Definition
What Is a Brokered Deposit? A brokered deposit is a deposit made to a bank by a third-party deposit broker.…
3 Reasons China’s Slowdown Is Cause for Concern
Investors across the globe are increasingly worried about the state of China's economy–the world’s second-largest economy after the United States–which…
How are leveraged buyouts financed?
A leveraged buyout (LBO) is a type of acquisition in the business world whereby the vast majority of the cost…