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Tip of the Day Set Concrete Goals

Set Concrete Goals - One of the best ways to help you set a budge and live within your means is to set realistic, but concrete, goals for things like...

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Drag-Along Right

Drag-along Right - The Drag-along right is a legal term to protect major shareholders. The drag -a long right assures major share holders that they will be given more power over minority share holders forcing them to go along with financial decisions. For instance if the major shareholders want to sell apportion of stock, they have drag-along rights over the minority share holders, forcing them to go along with the concept. Drag-along right is very common in corporate law, and is practice more times then not. Drag -along rights usually end when the company offers common stock to the public or when it is offered to smaller companies to obtain working capital.

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Definition of the Day Compound Annual Growth Rate (CAGR)

CAGR Term category: Finance/Accounting In 10 words or less: The compounding rate of return over a period. Definition: The compound annual growth rate (CAGR) is the rate at which an investment grows annually to reach a given end value.  It's calculated by the following: CAGR = [(Ending Value/Beginning Value)^(1/# of years)] -1 Advice: CAGR is a...

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