Britte

What Does Primary Distribution Mean?

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A primary distribution is the initial sale of shares by a company to the public. The company may be newly formed or already publicly traded, but in either case, the primary distribution represents the first time that the company’s shares have been available for purchase by the general public. There are two types of primary … Read more

Stipulated Judgment.

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When a borrower and lender agree to the terms of a loan, they also agree to the terms of the repayment schedule. This schedule includes the monthly payment amount, the date the payment is due, and any fees or penalties associated with late or missed payments. This agreement is typically documented in a promissory note. … Read more