Purpose of EBITDA; Fees and expenses often added back to EBITDA to create an adjusted or pro forma EBITDA; Effect of timing differences between receipts and revenue; Critical factor to understand the timing of cash flow and the conversion of revenue to cash.Calabrese...
As you can see, even with a lot of saving involved, it would take an incredibly long time for any of us to have enough cash tobuy a houseoutright. Therefore for most of us, at least in the UK, in order to buy a property, some kind of loan ormortgageis necessary. ...
A portfolio line of credit can make a lot of sense for the right borrower. But you’ll need to use it prudently, since it’s backed by the value of your investment portfolio, which fluctuates daily. But it can offer an easy, lower-cost way to access cash, a valuable feature when yo...
An interest rate swap is a financial derivative contract in which two parties agree to exchange their interest rate cash flows. Theinterest rate swapgenerally involves exchanges between predetermined notional amounts with fixed and floating rates.1 For example, assume bank ABC owns a $10 mil...
Auto loan delinquency is when a borrower is late or behind in making their auto loan payments. Generally, accounts are considered delinquent once they are 30 days overdue; when they are 90 days overdue, they enter default, and the borrower’s car may be repossessed. ...
What is a home equity loan? How does it work?Your home is one of your greatest assets. As you pay down your mortgage and property values in your neighborhood rise, the cash value of your home may increase. If you meet the qualifying requirements set by a mortgage lender, you may be ...
or by cash. In a physical settlement, sellers receive an actual bond from the buyer. Cash settlement, though, became the more preferred method when the purpose of CDSs shifted fromhedgingtools tospeculation. In this type of settlement, the seller is responsible for paying the buyer for losses...
But let’s not act like that cash is falling out of the sky. It’s not a gift, it’s aloan.By definition, that means a reverse mortgage isdebt. And you may not have to pay it back right away, but someone will eventually—and that someone could be one of your family members after...
The borrower/homeowner end is the consumer-facing retail side, while the bank/lender end is the wholesale (B2B) side. These three entities don’t all communicate with one another. Instead, the mortgage broker communicates with both parties separately, so you’ll never actually speak to the ban...
Yourhome equityis the difference between its current market value and how much you owe on your mortgage. The division of home equity will likely be spelled out in your divorce agreement and it can yield a usefulsupply of cashto help each of you settle. ...