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A billing cycle is the frequency with which a company creates and sends invoices for the goods or services rendered during a time period.
A billing cycle is usually a month long, and may begin at the first day of the month and end on the last day. This varies depending on the structure of the business and the systems they have in place to regulate their cash cycle.
A bill or invoice will be sent out to customers or debtors from whom the business can expect payment for goods or services rendered during a specific time period.
A customer of debtor is usually expected to settle the amount due before the next billing cycle, or “past-due” amount will appear on the next bill, usually accompanied by a late charge penalty.
Beta is a measure of how closely an investment follows movements in the market as a whole, or when examining mutual funds
Contributions for employees must be made within 30 days after a pay-period, while employers match before the tax deadline
SEP IRA is a benefit for employees that uses employer contributions to fund retirement investment accounts for employees
An RIA is an asset manager that is registered with the SEC (in whatever state(s) they operate)
Net worth is the total value of a person or entity’s assets, minus all of their outstanding liabilities
To calculate the debt ratio, one only needs to divide total liabilities (i.e. long-term and short-term) by total assets
Bank Credit is the amount of loaned capital that an individual or business is capable of getting from a bank at a...
Market Breadth is a descriptor that is used in several market indicators such as the daily breadth, the A/D Line...
The 1045 is meant to be the quickest way to get a carry-back refund
Mortgages take a while to process, but a broker or bank can lock in a rate for themselves or their clients