A prepaid asset is an expenditure of money in advance of when the money is due. For example, you might pay up front for a year's rent or insurance, even though the payments are due monthly. Under ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...

Deferred debit is best described as a prepaid expense. It is a service or good that someone pays for but doesn't necessarily use right away or hasn't expired yet. On the accounting end, a bookkeeper ...

LISBON, PORTUGAL, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Guarda, a secure non-custodial cryptocurrency wallet and platform, released its prepaid Visa card in the second half of 2022. To use the card, ...

Insurance expenses are some of the most common expenses encountered in small business. In many cases, businesses are billed for a year or more of insurance coverage upfront. However, generally ...

At the close of fiscal 2024, the company reported a massive stored-value card liability of $1.78 billion—a figure ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Some terminology on the corporate balance sheet is confusing and vague. As difficult as it is for any ...

Accurately defining and computing restrictions on indebtedness is critical to assessing a business’s compliance with debt covenant ratios. Many indentures contain covenants that rely on financial ...

The Federal Trade Commission said Wednesday that a federal judge had restrained the marketing activities and frozen the assets of several prepaid-card companies and individuals that the agency has ...

TORONTO, ONTARIO--(Marketwired - July 16, 2014) - SelectCore Ltd. ("SelectCore" or the "Company") (TSX VENTURE:SCG), Canada's Leading Payments Organization, is pleased to announce that it has signed a ...