Financial Security The peace of mind we have when we are not concerned about money is referred to as Financial Security. This frequently entails having enough money...
Financial Power of Attorney Financial Power of Attorney is a legal method that allows people to select somebody to manage their finances on behalf of them when they become incapable of doing the job.
Operating liability VS Financial liability An operating liability is an obligation incurred in producing goods and services for customers. A financial liability is an obligation incurred in raising cash to finance operations.
Operating asset VS Financial asset An operating asset is used to produce goods or services to sell to customers in operations. A financing asset is used for storing excess cash to be reinvested in ..
Financial institution bond Financial institution bond that covers crime loss exposures of commercial banks, savings and loan institutions, and other financial institutions; used to cover bank holdups, employee dishonesty, forgery, alteration of checks, armored car exposures, and other crime
Financial Modernization Act of 1999 Financial Modernization Act of 1999 is a federal law that allows banks, insurers, investment firms, and other financial institutions to enter and
Certified Financial Planner (CFP) Certified Financial Planner (CFP) is a professional who has attained a high degree of technical competency in financial planning and has passed a series of
Chartered Financial Consultant (ChFC) Chartered Financial Consultant (ChFC) is an individual who has attained a high degree of technical competency in the fields of financial planning, investments, and life and health insurance and has passed professional examinations administered by The American
What drives net financial obligations? Net financial obligations are increased by the obligation to pay interest, and by dividends, and are reduced by free cash flow.
Statement of changes in financial position Statement of changes in financial position also referred to as a source and use of funds statement or simply a funds statement; accounts for increases and decreases in a company’s net working capital throughout an accounting period.