What Is Ancillary Revenue?

Ancillary revenue is income derived from sources that are not directly related to the company’s primary business activities. It is often generated by selling products or services that are complementary to the company’s main offerings. For example, a hotel might generate ancillary revenue by selling tickets to local attractions, renting out meeting space, or providing … Read more

Refunded Bond.

A refunded bond is a bond that has been repaid by the issuer prior to its maturity date. The issuer may choose to refund the bond for a number of reasons, such as to take advantage of lower interest rates or to raise additional capital. When a bond is refunded, the issuer pays back the … Read more