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Financial Terms | |
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Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: financial advisor, credit, inventory, stock trading, inventory control, tax advisor, business, money, Also see related: condo, home insurance, credit, first time homebuyer, insurance, homebuying, homes, home financing, buy home, |
Financial Terms Main PageThis site contains comprehensive definitions for a wide range of terms that cover topics such as financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit...
Our proprietary algorithm provides many related definitions for each term, helping you better understand the subject.
Monthly Financial Term Picks:ConvertibilityThe degree of freedom to exchange a currency without government restrictions or controls. Debt limitationA bond covenant that restricts in some way the firm's ability to incur additional indebtedness. Expected return-beta relationshipImplication of the CAPM that security risk premiums will be InsidersThese are directors and senior officers of a corporation -- in effect those who have access to inside Single-premium deferred annuityAn insurance policy bought by the sponsor of a pension plan for a single Value datingRefers to when value or credit is given for funds transferred between banks. PostingThe process of taking journal entries and recording them in the general ledger. Subsidiary ledgerAn accounting record giving the detailed transactions in an account; the subtotals of the debits and credits are posted to the control account maintained in the general ledger. It helps to keep the general ledger free of clutter. full costingsee absorption costing Capital leaseA lease in which the lessee obtains some ownership rights over the asset Salvage valueThe expected revenue to be garnered from the sale of a fixed asset at the Generally Accepted Accounting Principles (GAAP)A common set of standards and procedures Realized RevenueA revenue transaction where goods and services are exchanged for cash or ProbateLetters probate represent judicial certification of the validity of a Will and judicial confirmation ofthe authority of the personal representative who is to administer the Will. Essentially, probate fees are a tax on a person's estate and except for the provinces of Quebec and Alberta, there is no limit to this tax. Farm Improvement and Marketing Cooperatives Loans ActSee here |