2 Terms
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Accountancy
Industry: Financial services
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Accountancy
beneficiary
Financial services; Accountancy
A beneficiary (also, in trust law, cestui que use) in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor.
best price rule
Financial services; Accountancy
An SEC regulation that stipulates that a tender offer is open to all security holders of that class of security and the amount paid to the security holder is the highest paid to any other holder of ...
board of directors
Financial services; Accountancy
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization.
bullet loan
Financial services; Accountancy
In banking and finance, a bullet loan is a loan where a payment of the entire principal of the loan, and sometimes the principal and interest, is due at the end of the loan term. Likewise for bullet ...
cash flow
Financial services; Accountancy
Cash flow is the movement of money into or out of a business, project, or financial product.
liabilities
Financial services; Accountancy
In financial accounting, a liability is defined as an obligation of an entity arising from past transactions or events.
balance sheet
Financial services; Accountancy
In financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of a sole proprietorship, a business partnership, a corporation or other business ...
