#2/10 net 30 is the trade credit given to the buyer by the seller. The buyer will receive a 2% discount on the net amount if they pay the invoice in full within the first ten days of the invoice date. Otherwise, the full invoice amount is due within 30 days without any discount.

A hedge fund is an investment fund, somewhat similar to a mutual fund. Like a mutual fund, a hedge fund makes pooled investments in various securities that are expected to appreciate in value. However, a hedge fund differs from a mutual fund in two key ways. First, unlike mutual funds, hedge funds “hedge” their...

Regulator is future employee of a bank, hedge fund, brokerage, or financial lobbying organization.

Liquidity refers to how easily a company can turn assets into cash to pay off short-term liabilities. The working capital ratio can be useful for measuring liquidity. Working capital is the difference between a firm’s current assets and current liabilities. It represents the company’s ability to pay off its current...