C – Page 31 – itho's internet resources

Definitions, Financial Implications, and Real-World Examples

By Itho November 20, 2003

[ad_1] What Is a Covenant? Covenants are formal agreements specifying actions parties will or won't take, crucial in finance, property, and religion. In finance, they frequently appear in loan and…

Definition and Importance to Investors

By Itho November 20, 2003

[ad_1] What Is a Credit Rating? A credit rating basically indicates the likelihood that an issuer will default on a loan or other debt instrument due to bankruptcy. Investors use…

What Is a Custodial Account?

By Itho November 20, 2003

[ad_1] What Is a Custodial Account? The term "custodial account" generally refers to a child's or teen's savings account at a financial institution, mutual fund company, or brokerage firm managed…

Conventional Mortgage or Loan

By Itho November 20, 2003

[ad_1] What Is a Conventional Mortgage or Loan? A conventional mortgage is a homebuyer’s loan made through a private lender. Compared to a Federal Housing Administration (FHA) loan, a conventional…

What It Is and How to Form One

By Itho November 20, 2003

[ad_1] What Is a Corporation? A corporation is a legal entity that is separate and distinct from its owners and is established to conduct business or trade. It files tax…

Understanding Cum Dividend: Meaning, Mechanism, and Examples

By Itho November 20, 2003

[ad_1] What Is Cum Dividend? The term cum dividend means buying a stock with the right to receive the upcoming dividend. This is opposed to ex-dividend, where new buyers are…