Author: todorm

Chief Legal Officer – head of the legal department, responsible for the legal affairs of the entire company.

Cliff vesting is when an employee becomes fully vested on a specified date as opposed to partial vesting over an extended period.

A statement issued by a vendor that details the financial transactions between the vendor and the client over a certain period of time.

A type of asset.

A financial statement that reveals the sources and uses of funds, explaining any changes in cash or working capital.

Investment securities that can be converted into cash.

The amount paid to stockholders as part of a corporation’s current earnings or profits in the form of cash.

The net amount of cash equivalents and cash that are being transferred to and out of a company.

The number of common and preferred shares that a company can issue.

The loss caused by the sale of an asset that has decreased in price.