What is a negative pledge clause? A negative pledge clause protects bondholders’ investments. It prevents a bond issuer from taking on future debt, which may result in paying off the current debt. This clause is one of the ways for bondholders to protect/guard their investment. By including a negative pledge clause in a bond agreement, the bondholders prevent the company to raise any further debt in the future which would risk their rights of priority claims on the Company’s assets. The bondholders of the current bond issue prevent the company from issuing…
Continue Reading.....Comma Courtesy in Business emails
The Comma has a power for greater than its humble looks might suggest. We are understanding Comma Courtesy in Business emails. A misplaced one can change the meaning and tone of the message, which can cause confusion and undesired consequences. So let’s go over the two most important uses for commas in business emails – 1) Comma and Salutations – A business email starts with salutations. And salutation ends with comma, right? Wrong. In business emails, the most important formal way of ending salutations is with a colon (:). So…
Continue Reading.....What is useful life in Accounting?
The term Useful life in Accounting, is used for Fixed Asset Accounting. Fixed Assets always are having certain life, during which asset is expected to provide benefits to an entity. The expenditure on purchase of Fixed Asset is always very high & is non-recurring in nature. Fixed Assets are capitalized & get depreciated over the period of its life. In other words, it is an estimation of number of years, that the Asset is remain in service for the purpose of cost effective revenue generation. The idea behind this is,…
Continue Reading.....Flaming emails / Angry emails
Flaming Email is a kind of expression in emails that directs angry, critical or disappointing email. ‘Flaming’ is what people do when they express strong opinion, without holding back emotions. i.e. writing email with an anger & express the same emotions in email. Writer to avoid such kind of mails by following below mentioned some of the points. Flaming is an online act of posting insults, often laced with profanity or other offensive language through internet. Polite respond to all emails : In most of the instances, this is all that…
Continue Reading.....Rule of 72
Rule of 72 is used to calculate approximate rate of interest or expected duration to get the investment double. Everyone want money.. want to get their money doubled as soon as possible. Some one set the target years, & someone estimate expected rate of interest for target years.. Every exercise is around getting the money grown from an Investment. Instead of involving in complex mathematical functions, this Rule of 72 is a very best short cut to find out the approximate time frame or rate of return. This rule of…
Continue Reading.....Long Emails
The writer may take e-mail for granted by writing Long Emails. However effective e-mail communication is as much a skill as anything else. When used effectively, e-mail can be a powerful tool. However, one of the top e-mail inefficiency is message length. One of the top reasons your e-mail is not getting read is because it is too long. Writing long emails doesn’t mean you are getting more work done. As people are fighting to get inbox empty, the last thing they want to do is read a multi-page tedious…
Continue Reading.....What is Money Laundering?
Money Laundering means concealment of the origins of illegally obtained money, by means of transfer through foreign banks or through legitimate business houses. It is defined as any act, or attempted act, to conceal or disguise, the identity of illegally obtained funds; so that they appear to have originated from legitimate & legal sources. Money Laundering also means the use of money from illegal activities by concealing the identity of individuals who obtained the money or the means by which it was obtained & converting into assets that appear to have…
Continue Reading.....Come Again
Come again is an Informal phrase use to ask the speaker to repeat the same if you did not understand or hear them. Do not use this phrase in a formal context, as it may have an alternate meaning or may be misunderstood. It is an American slang, short hand for a longer & more polite form, “Could you please repeat what you just said?” ‘say again’ or ‘could you please say that again?’ Example : What did you say, come again? In British English it is replaced with,…
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