Foregone Earnings Definition.

Foregone earnings are the earnings that a company would have generated if it had not made a particular decision. This term is often used in the context of capital investment decisions, where a company must choose between different investment options. The option with the highest expected return is said to have the greatest foregone earnings. … Read more

Daisy Chain.

The term “daisy chain” is used to describe a type of financial fraud scheme in which one person or organization defrauds another by promising to pay them back with money that they have obtained from a third party. The scheme relies on the fact that the victim is often willing to believe that they will … Read more