Other Real Estate Owned (OREO).

Other real estate owned (OREO) is a term used in the United States to describe real estate that a financial institution, such as a bank, has acquired through foreclosure. OREO assets are typically held by the institution until it can be sold for a profit. OREO can also refer to any real estate owned by … Read more

What are retained earnings?

Retained earnings or retained earnings are those benefits that the company has earned and that instead of being distributed among the shareholders, they decide to invest in the company itself. These earnings can be used to achieve further growth of the company, such as increasing the workforce, improving the budget dedicated to research or to … Read more