CARRIED INTEREST
in finance, is a share of the profits of a successful partnership that is paid to the manager of the partnership (a private equity fund or hedge fund) as a form of
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
in finance, is a share of the profits of a successful partnership that is paid to the manager of the partnership (a private equity fund or hedge fund) as a form of
Paperboard is a thick paper based material. While there is no rigid differentiation between paper and paperboard, paperboard is generally thicker (usually over or 10 points) than paper.
A defined benefit retirement plan that maintains hypothetical individual employee accounts like a defined contribution plan.
In business, a cash cow is a product or a business unit that generates unusually high profit margins: so high that it is responsible for a large amount of a company’s operating
In financial accounting, a cash flow statement, also known as statement of cash flows or funds flow statement, is a financial statement that shows how changes in balance sheet accounts and income
Monies paid when goods or services are bought.
Receiving cash in exchange for a financial instrument, such as a stock, or policy or check or guarantee or draft.
Investors use this options contract to swap or exchange a portion of the difference of insurance premiums to losses caused by claims with a fixed payment. New York Catastrophe Exchange is trading
The government department that conducts a regional or national census. This bureau also researches the census results to provide accurate information regarding the country’s people and economy, based on the census data
Measurement of industrial consumption of natural gas or water is taken in this unit. One CCF is 100 cubic feet.
When investors buy a lessor’s ownership interest to share in the income from the leased asset and in the associated tax advantages in proportion to their investment, the Lease arrangement is document
A city-wide, regional, or country-wide business group focused to protect and promote the economic interests of its members through legislative and other means. The International Chamber of Commerce in Paris affiliates most
A change requested or directed in the magnitude and/or composition of a project by a principal or client after the award of contract.
A check’s portion retained as a record by the check writer; for account keeping purposes, such as the stub part of a payroll check. The stub has an area for payments to
A substance that forces change, usually damage, on living organisms or ecosystems, or reduces their ability to cope with environmental changes. This occurs when the substance is released unplanned and unwanted into
Most senior executive responsible directly for the financial planning and execution of the firm. The CFO is accountable for all accounting functions including: (1) control over credit, (2) budgets and financial statements
An OVERTHECOUNTER COMPLEX OPTION that permits the buyer to choose between an underlying CALL OPTION and PUT OPTION with identical STRIKE PRICES and maturities from trade date until a defined
A plane trip that end in the same place as it started but with different stops on the way and back so that it is not a round trip. For example: A
A disaster scenario where various LINES of INSURANCE are simultaneously impacted by losses. The resulting CLAIMS may be particularly large and can negatively impact the financial condition of INSURERS and REINSURERS. See
Statistical modeling tool. Used in predicting future worth(s) of a target or dependent variables. Based on the long-term knowledge on the behavior of a set of explanatory factors or independent variables. A