Free Cash Flow to the Firm (FCFF): Examples and Formulas
Overview — What is FCFF? – Free Cash Flow to the Firm (FCFF) is the cash a company generates from operations that is available…
Free Cash Flow (FCF): How to Calculate and Interpret It
Free cash flow (FCF) is the cash a company generates from operations after paying for the capital expenditures (CapEx) required to maintain or expand…
Free Trade Agreement (FTA): Definition, How It Works, and Example
An FTA is a formal pact between two or more countries to reduce or eliminate barriers to trade in goods and services between the…
Free Look Period and How Does It Work?
The free look period (also called the free examination period) is a short, legally required window after you receive a new life insurance policy…
Federal Home Loan Mortgage Corp. (FHLMC) / Freddie Mac?
Key takeaways – Freddie Mac (FHLMC) is a government-sponsored enterprise (GSE) created by Congress in 1970 to support liquidity in the U.S. mortgage market…
Federal Reserve Board (FRB): How It Works, Structure, and Duties
The Federal Reserve Board — formally the Board of Governors of the Federal Reserve System — is the seven‑member federal agency in Washington, D.C.,…
Fraud: Definition, Types, and Consequences of Fraudulent Behavior
Fraud is an intentional act of deception designed to produce an unjust or unlawful gain for the perpetrator or to cause a loss to…
Franked Dividend: Definition, Types, Example
A franked dividend (commonly used term in Australia) is a dividend paid to shareholders with an attached tax credit — a “franking credit” —…
Franchise Tax
A franchise tax (also called a “privilege tax”) is a state-level tax charged to certain business entities for the right to be chartered in—or…
Franchisee: Definition, Examples, Benefits, and Responsibilities
A franchisee is an independent business owner who buys the right from an established company (the franchisor) to operate a local business under the…