The amortization of premium on bonds payable — AccountingToolsFirst, it greatly reduces the credit risk of the loan or bond because the principal of the loan is repaid over time, rather than all at once upon maturity, when the risk of default is the... Read more
Indentured ServantsBond IndentureConvertible debentures, which are convertible bonds or bonds that can be converted into equity shares of the issuing company after a predetermined period of time. "Convertibility" is a feature that corporations may ad... Read more
The Top 5 High Yield Bond Funds for 2020The bond market is efficient and matches the current price of the bond to reflect whether current interest rates are higher or lower than the bond's coupon rate. It's important for investors to know why a bond... Read more
ionic bondThis molecular orbital theory represented a covalent bond as an orbital formed by combining the quantum mechanical Schrödinger atomic orbitals which had been hypothesized for electrons in single atoms. A chemical bond is a lasting attractio... Read more
Coupon Rate FormulaYield to Maturity – YTM vs. Spot Rate: What's the Difference?In the United States, the prevailing interest rate refers to the Federal Funds Rate that is fixed by the Federal Open Market Committee (FOMC). The Fed charges this rate w... Read more
When Would a Bond Be Called?How To Evaluate Bond PerformanceCallable bonds are more risky for investors than non-callable bonds because an investor whose bond has been called is often faced with reinvesting the money at a lower, less attractive rate.... Read more
Bill of materialsFor a given product and configuration, some companies use separate systems to structure BOMs for Engineering and Manufacturing purposes. These Engineering Bills of Materials (EBOMs) and Manufacturing BIlls of Materials (MBOMs) can be... Read more
What Are Functional Expenses? A Guide to Nonprofit AccountingBoard-designated Net AssetsNonprofit organizations use finances to communicate with donors, creditors and their boards of directors. Financial reporting shares information regarding the fir... Read more
Complete Collar Colors: Understanding Consumer PersonasWhile these terms may evoke an image of different social classes, the line between these types of workers is fading. As the technology associated with jobs previously considered blue collar incre... Read more
Synonyms and Antonyms for biweeklySome employers pay hourly semimonthly employees current (for 86.67 hours) and estimate overtime then they make adjustments on the next pay period. Payroll processing for biweekly salaried employees differs from proce... Read more
