FOAM THE RUNWAY
A term indicating the last-minute infusion of cash into a company about to go bankrupt. Airports foam runways prior to an imminent crash landing to help reduce friction and sparks. Just as foaming the runway is a last stand against a horrible crash landing, a company obtaining a loan to stay in business is a last stand against going under.
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Shovel Ready
Shovel Ready is a term that characterizes a project that is advanced in the development stage. It basically means that it’s past the planning ...
DKK
Currency abbreviation for the Danish krone (crown), the official currency of Denmark, a Nordic country in Northern Europe. Introduced in 1873, the ...
Constant Yield Method
Method of calculating the accrued discount of bonds trading in the secondary market. Although it normally leads to a lesser accrual of discount, th ...
Jürgen Dormann
Former Chairman and Chief Executive Officer of ABB, a Zurich-based engineering company. ABB was dealing with asbestos lawsuits and an economic down ...
Affirmative Action
A policy wherein an individual's nationality, sex, race, or color are given consideration by the government or business to provide additional o ...
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Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
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