Wraparound Mortgage – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is a Wraparound Mortgage?How Does a Wrap Around Mortgage Work?Example of a Wraparound MortgageRisks of using a Wraparound MortgageBenefits of a Wraparound MortgageAlternatives to a Wraparound MortgageKey Takeaways What is a Wraparound...

Write Down (Mortgage) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is the Write-Down of a Mortgage?How Does the Write-Down of a Mortgage Work?How to Secure a Mortgage Write DownThe Bottom Line What is the Write-Down of a Mortgage?A mortgage write-down is when a lender reduces the mortgage loans principal...

Withholding Tax – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is a Withholding Tax?Withholding tax refers to an amount an employer withholds from employees salaried income and submits directly to the federal taxing authorities. Levying of withholding tax takes place at the time of the disbursement of the employees income....

Conduit Theory – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

Update Table of Contents What is Conduit Theory?How Does Conduit Theory Work? Different Conduit EstablishmentsMutual Funds Conduit TheoryAcademic Research on Conduit Theory What is Conduit Theory?Conduit Theory, which is also known as pipeline theory, is a financial...

Comptroller – Explained

by TheBusinessProfessor | Feb 23, 2025 | Managerial & Financial Accounting & Reporting

What is a Comptroller?A comptroller is a United States employee in charge of the accounting and financial operations of government agencies, non-profit organizations, and some other business establishments. Comptrollers are actually controllers, and the word is a...

Compound Interest – Explained

by TheBusinessProfessor | Feb 23, 2025 | Banking, Lending, and Credit Industry

Update Table of Contents What is a Compound Interest?How Does Compound Interest Work?How to Calculate Compound InterestCompounding Interest GrowthTools for Calculating Compounding Interest: Microsoft ExcelCompound Interest Calculation RateTime Value of MoneyRule of...

Competitive Bid – Explained

by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management

What is a Competitive Bid?Competitive bids refer to prices that a vendor, supplier, or service provider quotes to a firm for its goods or services. When a firm needs a large volume of goods or is seeking professional services, it may send out an offer or an appeal in...

Exchange Traded Fund (ETF) of ETFs – Explained

by TheBusinessProfessor | Feb 23, 2025 | Investments, Trading, and Financial Markets

What is an Exchange Traded Fund?An ETF of ETFs refers to an exchange-traded fund which tracks the performance of other exchange-traded funds instead of stocks, bonds, and index. Simply put, ETF of ETFs are basically focused on other ETFs and not on stocks and bonds as...

Estate Tax – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Taxation

What is Estate Tax?An estate tax is a government levied tax on any inheritance or portion of an inheritance if its total value surpasses what is termed as tax exclusive inheritance by law. Estate taxes are mostly charged to the heirs of a deceased, but in a case where...

Great Depression – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is the Great Depression?The Great Depression is unarguably the longest and largest economic recession to ever occur on modern times. The Great Depression typically started in 1929 following the crash of the United States stockss market and ended after World War...