Accrual Swap

DEFINITION of ‘Accrual Swap’ An accrual swap is a type of interest rate swap in which the interest on one side accrues only if certain conditions are met. Payment of […]

Biotech Compound

WHAT IS ‘Biotech Compound’ Biotech compound refers to a chemical that shows potential for therapeutic application in the earliest stage of the development process. This stage is known as the […]

Aptinyx Aims For $80 Million U.S. IPO

Quick Take Aptinyx (APTX) intends to sell shares of its common stock for gross proceeds of $80 million from a U.S. IPO, according to an S-1 registration statement. The firm […]

Filing Extension

WHAT IS ‘Filing Extension’ A filing extension is an exemption made to both individual taxpayers and businesses that are unable to file a tax return by the due date. Individuals […]

Add-On Factor

DEFINITION of ‘Add-On Factor’ The add-on factor is the number of usable square feet in a commercial property divided by the number of rentable square feet. The result of this […]

Single Net Lease

DEFINITION of ‘Single Net Lease’ A single net lease is a commercial real estate lease agreement in which the tenant agrees to pay property taxes in addition to rent. A […]