For example, if someone can spend funds deposited from a check before it has cleared, they're in constructive receipt of those funds. Constructive receipt matters for the reporting of taxable ...

Reviewed by Somer Anderson Fact checked by Suzanne Kvilhaug Debit notes are a form of proof that a business has created a ...

An American depositary receipt (ADR) is essentially a certificate that represents one or more shares of stock in a foreign company that typically trades on an exchange in a different country.