Deep Pockets

Deep Pockets
Seemingly inexhaustible financial resources, permitting one to remain in business after a prolonged period of negative cash flow. Also, often in litigation, the party having money to pay the claim.
Staying Power
The ability of an investor to retain their investment during periods of declining value, ensuring that short-term market fluctuations do not force premature sales.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.