Unemployed people are still required to have health insurance. Under the Affordable Care Act (ACA), you will likely qualify for a federal subsidy to help you pay for it.
Younger people can buy a catastrophic policy, which offers minimal coverage but can still help prevent eroding all of your savings in the event of a major accident.
A limited liability company (LLC) establishes a separate entity from the sole proprietor or partners in a business
Money from 529 Plans can be used for tuition, books, supplies, room and board and, as of recently, computers
Operating cash flow is the amount of cash a company is able to generate from its operations
Operating profit is synonymous to operating income, and represents a company’s profitability from its core operations
The current yield on a bond takes into account its annual interest payment but also the price at which it can be sold
The federal funds rate is the overnight rate at which commercial lenders lend excess reserves to other institutions
The Abandonment Value is the salvage value left if a capital project is stopped short at an unknown time
A bond rated BB/Ba2 is just below investment grade and is a somewhat speculative financial instrument
Bad debt can be defined with a threshold amount at which point it becomes more expensive to attempt to collect the debt
Foreign investment is the act of an individual, corp., or institutional investor, acquiring a large stake in a company