Quad Witching – What Is Quadruple Witching Day? Quad witching refers to a date that occurs four times each calendar year. On quadruple witching days, stock index futures, stock index options, stock options, and single stock futures expire simultaneously. While stock options contracts and index options expire on the third […]
Aguinaldo Meaning Aguinaldo meaning: In Mexico and other Latin American countries, aguinaldo refers to an annual Christmas bonus. In Mexico, it is required by law. Aguinaldo is a term used in Mexico and other Latin American nations to refer to an annual Christmas bonus. It is required by law in […]
What is Asset Finance? Asset finance lets a company use its existing assets like inventory or accounts receivable as collateral to secure short-term loan financing. The use of a company’s balance sheet assets, such as short-term investments, inventories, and accounts receivable, to borrow money or obtain a loan is referred […]
What Is a Crummey Trust? A Crummey trust is an estate planning tool that takes advantage of the gift tax exclusion while limiting the recipient’s access to the funds. It allows you to give money or assets to another person while keeping the flexibility to place limits on when the […]
What Is Agency Theory? Agency Theory describes how to effectively manage partnerships in which a principal specifies which job to undertake while an agent actually does it. In general, agency theory is used to understand and address problems in the connection between corporate owners and their agents. That connection is […]
ZBA – What Is a Zero Balance Account? A ZBA (zero balance account) is a specialized business account. It is used to process payments like payroll or petty cash. Otherwise, a ZBA is kept with a zero balance. In other words, a zero balance account (ZBA) is precisely what it […]