Gambling Income
What is gambling income and how is it taxed
Gambling income is defined as any money or prizes won from gambling activities, such as playing...
Valuable Papers Insurance
What is 'Valuable Papers Insurance' A special type of property-casualty insurance. Valuable papers insurance will reimburse the policyholder for the monetary value...
Paid In Capital
DefinitionPaid in capital refers to capital contributed to a corporation by investors through purchase of stock from the corporation. It includes share capital as...
S-3 Filing
What is an S-3 Filing
An S-3 filing is a SEC registration form that allows companies to issue securities that are not registered under the...
EBITDA – Earnings Before Interest, Taxes, Depreciation and Amortization
What is 'EBITDA - Earnings Before Interest, Taxes, Depreciation and Amortization'
EBITDA stands for earnings before interest, taxes, depreciation and amortization. EBITDA is one indicator...
Labor-Sponsored Venture Capital Corporations (LSVCC)
What is 'Labor-Sponsored Venture Capital Corporations - LSVCC' A type of Canadian corporation created by a labor union that deals exclusively with...
A. Michael Spence
DefinitionAndrew Michael Spence is an American economist and recipient of the 2001 Nobel Memorial Prize in Economic Sciences, along with George Akerlof and Joseph...
Qualification Ratio
What is 'Qualification Ratio' Ratio of debt to income and housing expense to income that is used by mortgage lenders to determine...