LipstickAlley started in September 2000 as a hangout spot for chatting about stuff that matters to Black women and the African American community. It began as a tiny message board but quickly exploded into one of the busiest online discussion places. The name indicates how vital beauty and makeup are in Black culture, but there’s…
Covenants are special rules that are part of some loan agreements and bond contracts. They’re promises that the borrower makes to the lender. The borrower has to follow these rules, or else there can be big consequences. There are two main types of covenants: If a borrower breaks one of these promises, it’s called violating…
Countervailing credit is a way for a buyer to get credit to buy something without the seller knowing who they are. It’s kind of like a secret identity for buying stuff! Here’s how it works: Why Would Someone Use Countervailing Credit? You might wonder why a buyer would want to hide who they are. Isn’t…
A counterparty is someone on the other side of a deal. It’s who you do business with when you make an agreement or transaction. Banks, companies, and people can all be counterparties. Imagine you’re a big company that sells stuff to stores. Each store you sell to would be your counterparty. They’re the other side…
The cost of risk is what a business has to shell out to keep on top of all the risky stuff it faces. You’ve got your expected costs, and then there are direct and indirect losses that can hit you from the risks you choose to keep around, the work you do to keep those…
Cost of Goods Sold, usually called COGS for short, is a really important idea in business. It has to do with how much money a company has to spend to make the stuff it sells. COGS is a key part of figuring out how much profit a company makes. What is COGS exactly? COGS means…
People have long debated whether men can be feminists. Plenty of opinions come into the conversation, and each person might have a unique perspective. Some argue that men should be allies but avoid taking on the label of feminist. Others say that men can and should be feminists if they believe in gender equality and…
Cost of carry is the amount of money it costs to hold onto something over time. This something could be any type of asset, like gold, wheat, stocks, or really anything with value that a person or company owns. People often just call this the “carrying cost”. When you own an asset, there are costs…
Cost inflation happens when stuff gets more expensive to make. Maybe the ingredients to make something – like the sugar and flour to bake cookies – suddenly cost a lot more money than they used to. Or maybe the workers who make the stuff need to get paid more, so the company has to raise…
Cost accounting is a type of management accounting. It looks at all the money a company spends to make and sell its products. Cost accountants keep track of budgets and what the company pays. They compare the two to see if there are any differences. Why Cost Accounting Matters Cost accounting is essential because it…
