Total Cost of Ownership (and Cars)
2021-01-31
Total cost of ownership is a way to calculate how much something will really cost over time (purchase price plus ongoing costs).Keep Reading
Blockchain (and Dogchain)
2021-01-22
Blockchain is a new technology for enabling anonymous transactions (that aren’t recorded in a central registry).Keep Reading
Frozen Assets (and Ice Blocks)
2021-01-19
Frozen assets are assets you can’t spend or move, because they’ve been ‘frozen’ by the courts or the government.Keep Reading
Write-Downs (and Bad Outfits)
2020-12-02
A write-down is when a business admits that something it owns is worth less than previously thought. Keep Reading
Deferred Liabilities (and Toxic Cleanups)
2020-11-28
Deferred liabilities are bills that companies put off paying for years, and sometimes try to get out of altogether. Keep Reading
Stranded Assets (and Empty Stadiums)
2020-11-25
Stranded assets are large investments which have been rendered useless by an unexpected market change.Keep Reading
Capital Investments (and Solar Panels)
2020-08-30
Capital investments are big, expensive projects that provide benefits over many years, and often generate income to help pay for themselves.Keep Reading
Bonds (and Bad Breath)
2020-08-06
Bonds are debt: IOUs issued by corporations and governments.Keep Reading
Dark Money (and Pools)
2020-08-04
Dark money is money that moves around out of the public eye, making it hard to know who’s spending it or what exactly they’re buying.Keep Reading
Bankruptcy
2020-07-29
Bankruptcy is the legal process that happens if you run out of money and can’t pay your bills.Keep Reading
Cash vs. Accrual Accounting
2020-07-19
‘Cash accounting’ is the way many small businesses track their results: by measuring how much cash comes in and goes out.Keep Reading
Self Insurance (and Gambling)
2020-07-13
Self insurance is what companies (and people) do if they can’t afford insurance, or believe the chance of a catastrophic loss is small.Keep Reading
Equity (and Actors)
2020-07-10
Equity means ownership. It can also mean justice or fairness.Keep Reading
Debt (and Backpacks)
2020-07-08
Debt is when one person or company owes money to another person or company. Keep Reading
Gross Margins (And Gross Sandwiches)
2020-05-30
Gross margin is the profit you make when you subtract the direct costs of producing your product from the price you sell it for.Keep Reading
Interest Rates (And Escalators)
2020-05-01
Interest rates are the cost of borrowing money. Keep Reading
Fixed Costs (and Backyard Businesses)
2020-04-12
Fixed costs are things you buy once for your business, and then use for a long time. Keep Reading
Variable Costs (and Lemonade Stands)
2020-04-12
Variable costs are things you use up as you go in your business: the more business you do, the more you must spend on them.Keep Reading
Sunk Costs (and Sandcastles)
2020-04-11
A sunk cost is something you previously worked on that’s no longer useful. Keep Reading