RECOGNIZE or RECOGNITION is the recording of a revenue or expense item in a given accounting period.
SUBORDINATED DEBT is debt over which senior debt takes priority. In the event of bankruptcy, subordinated debt holders receive payment only after senior debt claims are paid in full. There is a pecking order determining the sequence in which a company will pay off its debt instruments, subordinate (or junior) issues will not be repaid until unsubordinated (or senior) debt has been repaid in full.
BLUE SKY LAW is a law providing for state regulation and supervision of the issuance of investment securities.
Enter a term, then click the entry you would like to view.