We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.
© 2016 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

CFO

Definition:

Chief Financial Officer; also known (rarely) as chief fun officer.

If there were CFO scratch-and-sniff stickers, they'd probably smell like money, because that's what CFOs take care of. Companies hire CFOs to take care of the past, present, and future of money at the company. These pros collect and share information about historical and current financial data, make decisions about what to do with a company's money now (including where to invest it), and  make projections about what's likely to happen to a company's finances in the future.

The Wall Street Journal tells us they're not just bean counters.