What Are a Firm's Cash Flows

question 98

Essay

What are a firm's cash flows?

---

Definitions:

Individual Retirement Account

A financial tool that provides tax advantages for retirement savings in the United States.

Exempt

Freed or relieved from a duty, requirement, or liability to which others are subject.

Security Interest

A legal claim or encumbrance on property or assets, securing the payment of a debt or performance of some other obligation.

Collateral

Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to repay.