Capital – Page 47 – itho's internet resources

What is a Book Runner? Definition, Roles, and Comparison to Other Underwriters

By Itho November 26, 2003

[ad_1] What Is a Book Runner? A book runner, or bookrunner, is the primary underwriter or lead coordinator when an investment bank issues new equity, debt, or securities instruments. The…

Bretton Woods Agreement and the Institutions It Created

By Itho November 26, 2003

[ad_1] What Was the Bretton Woods Agreement and System? The Bretton Woods agreement was negotiated in July 1944 by delegates from 44 countries at the United Nations Monetary and Financial…

Demutualization: Definition and How the Process Works

By Itho November 26, 2003

[ad_1] What Is Demutualization? Demutualization is a process by which a private, member-owned company, such as a co-op, or a mutual life insurance company, legally changes its structure, in…

Direct Tax: Definition, History, and Examples

By Itho November 26, 2003

[ad_1] What Is a Direct Tax? With a direct tax, you pay the tax to the entity that imposed it. Examples include income tax, real property tax, personal property tax,…

Distribution-in-Kind: Definition, Benefits & How It Works

By Itho November 26, 2003

[ad_1] What Is a Distribution-in-Kind? A distribution-in-kind, also called a distribution-in-specie, is a payment made in the form of securities or other property rather than cash. It's commonly used…

Book Value: Definition, Meaning, Formula, and Examples

By Itho November 26, 2003

[ad_1] What Is Book Value? Book value is the value of a company's assets after deducting its liabilities. It approximates the total value shareholders would receive if the company…