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Tip of the Day Refinance Your Mortgage if You Can Cut At Least One Point

Refinance Your Mortgage if You Can Cut At Least One Point - Refinancing a mortgage only makes good sense if you are going to save more than 1% on the...

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Debenture Stock

Debenture Stock - An investment that is similar to preferred stock. The conditions and terms of debenture stock is the stock must comply under include a schedule for making payments to the investor or shareholder at regular quarterly intervals of a yearly cycle. The shareholder realizes the stock certificate treated as equity instead of an actual debt. This classification also establishes a degree of protection for the shareholders if the company closes its doors to begin the venture of liquidation. The investor receives one last scheduled payment after closing. The fixed payments relating to stock help ensure the investor will receive a steady return.

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Definition of the Day Chairman of the Board

Chairman of the Board - the chairman of the board is the highest official or officer of a board of directorship. The Chairman of the board is the top official in corporate meetings, and is sometimes given executive authority over the entire company, depending on the structure of the corporation....

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