The ultimate goal of any business is to be profitable at all times and earn money; it is money that helps a business to grow and expand. In order to be successful, an organization needs to able to manage money in a sophisticated manner and so all organizations have a finance department that takes care of different monetary transactions. Financial institutions (banks, mortgage companies, finance companies, etc.) book loan assets, or assets with varying degrees of credit exposures and risks. They may be leases, credit-card receivables, mortgages, or long-term loans to a Fortune 500 company. They may be corporate bonds held to maturity. They also project losses on the portfolio or anticipate defaults on delinquent, high-risk or non-performing assets.