Finance

Spot Delivery Month Definition

What is Spot Delivery Month? In the commodity futures markets, the spot delivery month is the earliest possible month in…

Block Grant Definition

What is a block grant? A block grant is an annual sum of money given by the federal government to…

Actuarial Valuation Definition

What is the actuarial valuation? An actuarial valuation is a type of Evaluation of a pension fund's assets to liabilities,…

Asymmetric Information Definition

What is asymmetric information? Asymmetric information, also known as "information failure", occurs when one party to an economic transaction has…

What Is Depreciable Property?

What is depreciable property? Depreciable property is any asset eligible for tax and accounting purposes to be recognized depreciation in…

Bank of America Earnings: What Happened with BAC

Key points to remember EPS was $0.59 versus analysts' expectation of $0.53.Revenues fell short of analysts' expectations.Bond trading revenue was…

Cross-Listing Definition

Cross-listing, also known as dual listing or multiple listing, is a practice in which a company lists its shares on…

Crypto Exchange Gemini Teases IPO

Cryptocurrency exchange Gemini may be considering a initial public offering (IPO). In a interview with Bloomberg, Cameron and Tyler Winklevoss,…

Section 1341 Credit Definition

What is Section 1341 credit? Section 1341 Credit is a federal measure tax credit available to U.S. taxpayers who reported…

FinCEN Extends Comment Period for Controversial Crypto Rule

The Financial Crimes Network (FinCEN) has extended the comment period by 60 days for a controversial proposed rule it requires…