Any depreciation that would otherwise be included for accounting purposes is added back in. Tangible net worth, or book value, is the remaining balance after intangible assets and all liabilities are deducted from net assets.
This is the amount that will be divided among shareholders in the event of a company liquidation, and the minimum that the company would be purchased for by an acquiring company. Shareholders can use this as a bare-minimum estimation of the value of their shares.
Since tangible net worth disregards intangible assets such as intellectual property and goodwill, it reduces the chance that a valuation will be inflated, as is sometimes the case with goodwill especially since it does not have a market value.
Mutual funds that invest heavily in companies that are small, but not micro-size, can be described as small cap funds
The IRS allows for certain penalty-free withdrawals, and gives the plan administrator freedom to define other exemptions
Contributions to a 401(k) account are generally taken out of compensation during payroll, before taxes are withheld
FICA is a tax on employees and employers that funds the Social Security and Medicare programs of the United States
The CAC 40 is an index that tracks the 40 largest cap stocks of the 100 listed on the Euronext Paris stock exchange
The October Effect is an anecdotally-founded fear that markets are vulnerable to catastrophe in the month of October
Corporate equity is retained earnings plus common shares outstanding
A letter of credit is a provided by a bank on behalf of the buyer, to ensure the seller that payments will be made
Forward contracts allow an investor to lock in a price by agreeing to exchange a set amount of one currency for another
Form 5405 is the filing for those who sell their home or see it destroyed within 36 months of receiving the first...