What is Liquidity?

Liquidity refers to the degree of how easily and quickly an asset or investment can be converted into cash without significantly impacting its market value. It is a measure of how readily an...

Endowment Composition Explained

Endowment composition refers to the allocation and distribution of assets within an endowment fund's investment portfolio. It involves strategically dividing the fund's resources among various asset...

What is an Endowment Fund?

An endowment fund is a financial asset that is set up by an individual, organization, or institution to provide a sustainable source of income or financial support for a specific purpose, typically...

What are Accrued Expenses?

Accrued expenses, also known as accrued liabilities or outstanding expenses, are an important concept in accounting that represents expenses incurred by a business but not yet paid or recorded in the...