SAM Exclusion – System for Award Management Exclusions A SAM exclusion party is any person or entity that is disqualified or deemed ineligible from being awarded contracts involving Federal funds. The System for Award Management (SAM) is a federal government network. It gathers, validates, maintains, and disseminates data about individuals […]
What Is Default Risk? Default risk is a component of credit risk. It represents the danger linked to lending money that a borrower may not be able to fully repay. Every lender assumes a degree of risk that a borrower may fail to make the due payments on their debt […]
What Does Maturity Date Mean? The maturity date is when a debt instrument comes due. It represents the final payment or receipt of interest for a loan, bond, or other financial product. The maturity date for a loan is the deadline for repaying it in full. The principal amount of […]
What Does Allocation Amount Mean? Allocation amount is the percentage of money given to a particular person or used for a particular purpose. For example, direct deposit payroll distribution, automated investing, or insurance beneficiary disbursement. Allocation Amount in Finance An asset allocation amount in finance is the percentage of an […]
What is Giggle Finance? Giggle Finance is an online lending platform targeting small business owners and gig economy workers with quick access to up to $5,000 loans. The startup is a financial technology company with an online loan platform. Their focus is to assist small business owners and gig economy […]
Monetary Compensation Definition Monetary compensation is an exchange of value, often between an employer trading cash or currency to an employee for their labor or services. The employer pays an employee in cash or currency in exchange for using their labor to execute specific designated activities. Therefore, monetary compensation is […]