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Open Buy Back (OBB), are discountable securities traded in the Nigerian Inter-Bank financial market. An Open Buy Back is a money market instrument used to raise short term capital. It is a form of borrowing using Nigerian Government Securities as collateral. It is an open ended transaction with both parties maintaining the right of liquidation ...
Cash value. Cash value refers to an investment component in life insurance that grows tax-free over the course of the policy's life. Cash value is a part of permanent life insurance policies and is a living benefit that the policyholder can use during his or her lifetime. [1]
Payback period. Payback period in capital budgeting refers to the time required to recoup the funds expended in an investment, or to reach the break-even point. [1] For example, a $1000 investment made at the start of year 1 which returned $500 at the end of year 1 and year 2 respectively would have a two-year payback period.
The £ grapheme in a selection of fonts. The pound sign ( £) is the symbol for the pound unit of sterling – the currency of the United Kingdom and its associated Crown Dependencies and British Overseas Territories and previously of Great Britain and of the Kingdom of England. The same symbol is used for other currencies called pound, such as ...
The term cash cow is a metaphor for a dairy cow used on farms to produce milk, offering a steady stream of income with little maintenance. Cash cows are products or services that have achieved market leader status, provide positive cash flows and a return on assets (ROA) that exceeds the market growth rate. The idea is that such products ...
Unconditional cash transfer (UCT) programs are philanthropic programs that aim to reduce poverty by providing financial welfare without any conditions upon the receivers' actions. This differentiates them from conditional cash transfers where the government (or a charity) only transfers the money to persons who meet certain criteria. [2]
Snabba Cash is a 2021 Swedish television series written by Jens Lapidus and Oskar Söderlund (screenwriter) and directed by Jesper Ganslandt . [1] [2] It is based on Lapidus' Stockholm Noir novel trilogy, the first of which was adapted into three films: Easy Money (2010), Easy Money II: Hard to Kill (2012), and Easy Money III: Life Deluxe (2013).
A clawback provision is a contractual clause typically included in employment contracts by financial firms, by which money already paid to an employee must be paid back to the employer under certain conditions. The employees' bonuses are, in a clawback scheme, tied specifically to the performance (or lack thereof) of the financial product (s ...
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