What Is Accumulated Depreciation? Accumulated depreciation is the total amount of depreciation expense written off against an asset from the time it was put into service. Put another way, it is the cumulative value of an asset up to a single point in its expected life as it is used […]
Monthly Archives: October 2020
12 posts
Series24 – What Is the Series 24 Exam? Series24 licensing is required for general securities principals to manage or supervise investment banking or securities business activities. The Series 24 is an exam and license entitling the holder to supervise and manage branch activities at a broker-dealer. It is also known […]
What Does No Taxation Without Representation Mean? The phrase taxation without representation describes a citizenry that is required to pay taxes to a government authority without having any say or advocate in that government’s policies. The term traces back to a slogan of the American colonials against the British Parliament. […]
Twitch Stock and the Game Streaming Ecosystem Would you rather play a video game by yourself, or play it to an audience? With video game live streaming services, you can turn your hobby into an interactive performance you can enjoy with family and friends. If you become popular enough, you […]
What Is a Loan Shark? A loan shark is a person or an entity that loans money at extremely high-interest rates. They often use threats of violence to collect debts. The interest rates are generally well above an established legal rate. And, often loan sharks are members of organized crime […]
What Is Bank-Owned Life Insurance (BOLI)? Bank-owned life insurance (BOLI) is a form of life insurance purchased by banks for their key employees. However, the bank is the beneficiary and also usually the owner of the policy. This insurance is used as a tax shelter for financial institutions. They leverage […]