What is an Unusual Item? An unusual item is a nonrecurring or one-time gain or loss that is not considered part of normal business operations. Unusual gains or losses may be recorded on the income statement as a separate component of income from continuing operations, or alternatively, may be identified in the footnotes to the…
As Anatole France said “Of all the schools I have attended, truant school seemed to me the best” and there’s nothing like starting a top with a quote looted from an obscure quotes site to give yourself some allure. In short, you will have understood today we are talking about school, this place where you…
What is Earnings Season? Earnings season refers to the months of the year during which most quarterly corporate earnings are released to the public. Earnings season generally occurs in the month immediately following the end of each fiscal quarter. This means that earnings seasons typically fall in January, April, July, and October, because firms need time…
Who said justice couldn’t be funny at times? Me. I said it just yesterday thinking it was the most boring thing in the world and it seems like I was wrong since there are some subtleties I hadn’t thought of: punishments. Yes, because sometimes the law decides to punish criminals in a particularly inventive and…
What Is a Cash Discount? Cash discounts refer to an incentive that a seller offers to a buyer in return for paying a bill before the scheduled due date. In a cash discount, the seller will usually reduce the amount that the buyer owes by either a small percentage or a set dollar amount. Key…
So that we finally stop comparing him unnecessarily to Benzema – package for the 2022 World Cup – Giroud has just made us dream during the France-Australia match. The guy planted 2 goals which, added to those of Rabiot and Mbappé, allowed us to go from a rotten start to a magical moment. It may…
What Is Securities-Based Lending? The term securities-based lending (SBL) refers to the practice of making loans using securities as collateral. Securities-based lending provides ready access to capital that can be used for almost any purpose such as buying real estate, purchasing property like jewelry or a sports car, or investing in a business. The only restrictions to…
If for ordinary mortals the dark web represents a dark and evil place (which it can totally be in places) it is above all generally misunderstood and mysterious. However, this “internet in our internet” is used every day by thousands, even millions of people. Unsurprisingly, it is used, among other things, to sell more or…
What Are Match-Rate Funds? Match rate funds are loan funds which have their interest rates matched (or extremely close) to the interest rate on the source of the funds loaned out. This term is especially used in the European banking system to describe the relationship between the deposits a bank is currently holding and its…