Intrinsic Value

A vulture fund is made up of investors who profit from distressed securities. The group may be formed as a hedge fund or private equity group.

An engagement letter outlines the terms of a client relationship. Businesses and clients who agree to work together under certain terms often use an engagement letter to put the details of the agreement in writing.

An inventory turnover ratio is a calculated measurement of sales of inventory over a given period. It is also known as inventory turns or stock turnover. A business’s inventory turnover ratio reveals the speed at which its entire inventory is sold and replenished.