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Tip of the Day

Tip of the Day Buy Airline Tickets as Far in Advance as Possible

Buy Airline Tickets as Far in Advance as Possible - We all like to save on our vacations as that allows for great spending when we make our travel destination....

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Phantom Stock Plan

Phantom Stock Plan - When a company wishes to encourage productivity in its employees, on effective way to accomplish it is to offer the employees a benefit plan that is similar in structure to share in the company without the company having to actually sell the shares. The arrangements and payouts would be similar to a deferred compensation plan, in that the employees would receive benefits if the stock performed well over a certain period of time. The incentive is thereby placed on the employees to do everything they can to help the company profit. The advantage to the employee is they won't lose their money and the advantage to the company is that it retains control of its stocks.

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Daily Definition

Definition of the Day Nominal Value

Nominal Value - Nominal Value is the apparent worth or the known nominal value shown on the principal, the face, and the side, of a bill of exchange, currency, security, stock, share, bond, or the other type of financial instruments. The par value of a loan stock, bond, preferred stock,...

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