Introduction to Re-Aging Debt.

The phrase “re-aging debt” refers to the process of changing the reported date of first delinquency on a consumer’s credit report. This can be done by the creditor themselves or through the use of a debt management company. The goal of re-aging debt is to improve the consumer’s credit score, making it easier for them … Read more

Subsidiary Bank.

A subsidiary bank is a bank that is owned by another bank. The parent bank may be either a domestic bank or a foreign bank. The subsidiary bank may be located in the same country as the parent bank or in a different country. The term “subsidiary bank” is used to distinguish between banks that … Read more

Form 211: Application for Original Information Award.

Form 211: Application for Award for Original Information How do you report fraud to the IRS? The United States Department of the Treasury has a division called the Financial Crimes Enforcement Network (FinCEN), which is responsible for combating domestic and international money laundering, terrorist financing, and other financial crimes. If you suspect that someone has … Read more

Understanding Satellite Operations.

The term “Understanding Satellite Operations” encompasses a vast and ever-growing body of knowledge. It includes understanding the physics of how satellites work, the engineering and design principles used to build them, the business models used to finance and operate them, and the regulatory environment in which they operate. The satellite industry is constantly evolving, and … Read more

Climax Definition.

A climax is a point in time at which the price of a security reaches its highest level in a given trading period. A bullish climax is typically marked by a sharp increase in price followed by a rapid decline, while a bearish climax is typically marked by a sharp decline in price followed by … Read more

Speculative Stock.

A speculative stock is a stock that is considered to be risky, but which also has the potential for high returns. Speculative stocks are usually those of small, young companies that are not yet profitable, but which have high growth potential. Investing in speculative stocks is a risky proposition, but it can also be a … Read more

DownREIT Definition.

A DownREIT Definition is a type of real estate investment trust (REIT) that is structured as a partnership between the REIT and one or more other entities. The other entities are typically either other REITs or operating companies. Under this structure, the REIT owns a controlling interest in the other entities, which are known as … Read more

How Companies Use Held-To-Maturity (HTM) Securities for Interest Income.

Held-to-maturity (HTM) securities are debt securities that a company has the intent and ability to hold until they mature. These securities are typically issued by the federal government, state and local governments, and government-sponsored enterprises. Companies use HTM securities for interest income because they offer a predictable and secure stream of interest payments. The interest … Read more