A balance sheet is a financial statement that provides a snapshot of a company’s financial […]
Category: Finance Terms
Income Statement
An income statement, also known as a profit and loss statement, is a financial statement […]
Fixed Asset
A fixed asset is a long-term physical asset that a company uses in its business […]
Liability
A liability is a financial obligation that a company or individual owes to another party. […]
Profit & Loss Statement
A profit and loss statement, also known as an income statement, is a financial statement […]
Annual Percentage Rate
The annual percentage rate (APR) is the cost of borrowing money expressed as a yearly […]
Collateral
Collateral is an asset that a borrower pledges as security for a loan or credit. […]
Loan-to-Value
Loan-to-value (LTV) is a financial ratio that compares the amount of a loan to the […]
Debt-Service Coverage Ratio
The debt-service coverage ratio (DSCR) is a financial ratio that measures a company’s ability to […]