by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Sight Letter Of Credit? A sight letter of credit is a business document that traders use to verify the payment for goods and services. Read more about how a Letter of Credit works. The letter of credit is payable as soon as the necessary documents are...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Seasoned Issue? A seasoned issue is a type of secondary issue of stock or additional issues of stock by a company that is already listed on the stock exchange. When a listed company decides to issue additional securities in the market, or trade outstanding...
by Jason M. Gordon | Feb 23, 2025 | Inheritance, Estates, and Trusts
What is a Coverdell Education Savings Account (ESA)? A Coverdell Education Savings Account is a tax-advantaged trust account for savings to cover educational expenses for beneficiaries. The beneficiaries of the savings account must not be over 18 years, except for...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Dilutive Acquisition?In a business or company acquisition, the earnings per share (EPS) of the acquiring firm can either decrease or increase depending on the type of acquisition. The dilutive acquisition is one which the EPS of the acquirer declines, there...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Stock Appreciation Right?A stock appreciation right (SAR) refers to a financial incentive offered to employees that is equivalent to the increase in the value of a company’s stock over a given period of time. Just like employee stock options, employees...
