State – Page 49 – itho's internet resources

Understanding Central Counterparty Clearing Houses (CCPs) in Trading

By Itho July 7, 2006

[ad_1] A central counterparty clearing house (CCP) is an entity that facilitates trading in European derivatives and equities markets. Typically operated by the major banks in each country, CCPs are…

After-Tax Income: Overview and Calculations

What Is a DUNS Number? Business Identification Explained

By Itho June 20, 2006

[ad_1] What Is a Data Universal Numbering System (DUNS) Number? A Data Universal Numbering System (DUNS) number, created by Dun & Bradstreet, is a unique nine-digit identifier used to establish…

What Is a Capital Improvement, and How Does It Work?

By Itho May 17, 2006

[ad_1] What Is a Capital Improvement? A capital improvement is the addition of a permanent structural change or the restoration of some aspect of a property that will either enhance…

What Is an Executor? Duties and Role in Estate Planning

By Itho April 7, 2006

[ad_1] What Is an Executor? An executor of an estate is an individual appointed to administer the last will of a deceased person and carry out the instructions to manage…

Collection Agency: Definition, How It Works, and Regulations

By Itho April 7, 2006

[ad_1] A collection agency is a company used by lenders or creditors to recover funds that are past due or from accounts that are in default. Often, a creditor will…

Cost of Debt: What It Means and Formulas

By Itho January 18, 2006

[ad_1] What Is the Cost of Debt? The cost of debt is the total interest expense paid for borrowing money. It is the effective interest rate that a company…