Investing and Financial Terms

Investing and Financial Terms2017-08-30T21:28:15+00:00

Salvage value

Definition: The dollar value that a company estimates newly-purchased equipment will have at the end

Sarbanes Oxley Act

Definition: Enacted in 2002, and sometimes abbreviated to Sarbox or just Sox, the law that

Secured bond

Definition: A bond with the added assurance that, if the company does not make the

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