Transfer of Risk Definition
What Is Transfer of Risk? A transfer of risk is a business agreement in which one party pays another to…
Business News
Private Letter Ruling (PLR) Definition
What Is a Private Letter Ruling (PLR)? A private letter ruling (PLR) is a written decision by the Internal Revenue…
Enterprise Value vs. Market Capitalization: What’s the Difference?
Enterprise Value vs. Market Capitalization: An Overview Enterprise value and market capitalization are both measures of a company's market value.…
Hurdle Rate vs. Internal Rate of Return (IRR): What’s the Difference?
Hurdle Rate vs. Internal Rate of Return (IRR): What's the Difference? When a company decides whether a project is worth…
Lakshman Achuthan
Summary Lakshman Achuthan is the co-founder of ECRI, the Economic Cycle Research Institute. He also serves as the managing editor of…
A Nasty, Short and Bitter Recession
A recession’s severity is measured by its depth, diffusion and duration, or what we call the 3Ds. In terms of…
Understanding Emerging Markets Bond Index (EMBI) & How It’s Used
What Is the Emerging Markets Bond Index (EMBI)? The emerging markets bond index (EMBI) is a benchmark index for measuring…
What It Means in Economics, Formula, and Examples
What Is Elastic? Elastic is a term used in economics to describe a change in the behavior of buyers and sellers in…
Accrued Dividend Definition
What Is an Accrued Dividend? An accrued dividend is a term referring to balance sheet liability that accounts for dividends…
What It Is, How It Works, Vs. Bankruptcy
What Is a Receivership? A receivership is a court-appointed tool that can assist creditors to recover funds in default and…