DISCOUNT NOTE
It refers to a short-term obligation sold at a discount on its par value in lieu of paying interest.
POPULAR TERMS
Noncurrent Liabilities
An obligation which is not required to be fulfilled within 12 months of the balance sheet date. It is also known as long term liability.
Stub Quote
Order to buy or sell a stock above the stock’s market price. Trading companies use these quotes when they don’t want to trade at specif ...
Privately Owned
A company or firm that is not traded publicly on a securities exchange.
Love Money
Capital or seed money given to entrepreneur, from family and friends, in order to start a business. The decision to loan money and the terms of the ...
UGX
Ugandan Shilling is the national currency of Uganda and is designated with the abbreviation UGX.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
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