Covenant Lite Loan

A covenant lite loan is a loan agreement that has fewer covenants to protect the lender and fewer restrictions on the borrower regarding payment terms,

Cost Basis

Your adjusted basis is generally your cost in acquiring your home plus the cost of any capital property improvements that add value or extend its

Chapter 9

Chapter 9 is a chapter in the bankruptcy code that specifically addresses the debts of a municipality, such as a city or town. The chapter

Chapter 11

Chapter 11 refers to the bankruptcy code that is used to provide corporate or partnership reorganizations. A Chapter 11 debtor proposes a plan for reorganization

Cash Flow

Cash flow represents the money coming in and going out of a company or organization during a specific accounting period.

Capital Loss

A capital loss occurs when you sell a security or investment for less than the original purchase price or its adjusted basis. Taxpayers can use

Capital Gains

Capital gains are profits made from the sale of real estate, investments and personal property. The Internal Revenue Service (IRS) classifies capital gains according to

Capital Improvement

Capital improvement is any permanent structure or other asset added to a property that adds to its value.

Capital Asset

A capital asset is an item that you own for investment or personal purposes, such as stocks, bonds or stamp collections. When you sell a

Capital Expenditure

Capital expenditure, abbreviated as CAPEX, is any funds used by a company to upgrade or acquire physical assets, including equipment and industrial buildings. It is

Homeowner Education