Bowie Bond

What Is a Bowie Bond A Bowie bond was a unique type of asset-backed security which used as collateral the royalty streams from current (at the time) and future album sales and live performances by musician David Bowie. Bowie bonds are also sometimes known as “Pullman bonds” after David Pullman, the banker who created and…

Understanding Cost vs. Price

Cost and price are often used interchangeably, however, the two words mean something different when it comes to accounting and financial statements. When conducting financial analysis or making investment decisions, it’s important to understand the difference between cost and price and how they impact a company’s financial profile. Key Takeaways Cost is typically the expense…