What Is a Cover Letter?

A cover letter is a document that is sent with your resume when applying for a job. The cover letter introduces you to the employer and explains why you are applying for the position. It should be tailored to the specific job and company you are applying to. The cover letter should be concise and … Read more

What Is a Reporting Currency?

A reporting currency is a currency in which a company’s financial statements are denominated. For U.S. companies, the reporting currency is almost always the U.S. dollar. However, for companies based in other countries, the reporting currency will be the currency of that country. For example, a company based in the United Kingdom would typically have … Read more

What Is an Offering Price?

An offering price is the price of a security or other asset when it is first offered for sale. The offering price is usually set by the issuer of the security and may be different from the price at which the security trades in the secondary market. For example, a company may issue new shares … Read more