A financial asset is a liquid asset that gains its value from a contractual right or an ownership claim. Cash, stocks, bonds, mutual funds as well as bank deposits are the examples of financial assets.
A financial asset is a liquid asset that gains its value from a contractual right or an ownership claim. Cash, stocks, bonds, mutual funds as well as bank deposits are the examples of financial assets.
Financial distress is a condition in which a company or an individual is not able to generate profit due to their inability to pay their financial obligations.
Wire fraud is a fraudulent action in which a scheme to defraud or get money based on false representation or promises is built.
A waiver of demand is a legally bounding agreement issued by a party that endorsed a check or bank draft.