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Commercial Paper: Definition, Advantages, and Example

By Itho November 20, 2003

[ad_1] What Is Commercial Paper? Commercial paper is an unsecured, short-term debt instrument issued by corporations. It's typically used to finance short-term liabilities such as payroll, accounts payable (AP), and…

Understanding Consolidation: Business and Finance Essentials

By Itho November 20, 2003

[ad_1] What Does It Mean to Consolidate? To consolidate (consolidation) is to combine assets, liabilities, and other financial items of two or more entities into one. In financial accounting, it…

Accounting Standard Definition: How It Works

Cyclical Industry: Definition, Traits, and Real-World Examples

By Itho November 20, 2003

[ad_1] What Is a Cyclical Industry? A cyclical industry is very sensitive to economic fluctuations. Companies in these industries often grow and hire more workers when the economy does…

Definition, Key Dates, and Example

By Itho November 20, 2003

[ad_1] What Is the Ex-Dividend Date? The ex-dividend date is the cutoff date for eligibility to receive a shareholder dividend. That is, the purchaser of stock shares on or after…

What Does a Chief Operating Officer (COO) Do? Roles and Qualifications

By Itho November 20, 2003

[ad_1] What Is a Chief Operating Officer (COO)? The chief operating officer (COO) is a senior executive tasked with overseeing the day-to-day administrative and operational functions of a business. The…

How They Work and How to Use Them in Investing

By Itho November 20, 2003

[ad_1] What Is a Covered Call? A covered call is a sale of call options by a seller who owns shares in the underlying stock or other asset. The seller…