![]() |
|
Financial Terms | |
AS |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: finance, inventory, payroll, credit, investment, stock trading, money, tax advisor, |
Definition of ASASAggregate supply.
Related Terms:ABC inventory classificationA method for dividing inventory into classifications, Accounting and Auditing Enforcement Release (AAER)Administrative proceedings or litigation releases that entail an accounting or auditing-related violation of the securities laws. accrual-basis accountingWell, frankly, accrual is not a good descriptive Acquisition of assetsA merger or consolidation in which an acquirer purchases the selling firm's assets. Activity-based budgetingA method of budgeting that develops budgets based on expected activities and cost drivers – see also activity-based costing. activity-based budgeting (ABB)planning approach applying activity drivers to estimate the levels and costs of activities necessary to provide the budgeted quantity and Activity-based costingA method of costing that uses cost pools to accumulate the cost of significant business activities and then assigns the costs from the cost pools to products or services based on cost drivers. ![]() activity based costing (ABC)A relatively new method advocated for the activity-based costing (ABC)a process using multiple cost drivers to predict and allocate costs to products and services; Activity-based costing (ABC)A cost allocation system that compiles costs and assigns activity-based management (ABM)a discipline that focuses on the activities incurred during the production/performance process as the way to improve the value received Adjusted Cash Flow Provided by Continuing OperationsCash flow provided by operating Agency basisA means of compensating the broker of a program trade solely on the basis of commission Agency pass-throughsMortgage pass-through securities whose principal and interest payments are Allocation base A measure of activity or volume such as labourhours, machine hours or volume of production Asian currency units (ACUs)Dollar deposits held in Singapore or other Asian centers. ![]() Asian optionOption based on the average price of the asset during the life of the option. AskThis is the quoted ask, or the lowest price an investor will accept to sell a stock. Practically speaking, this Ask priceA dealer's price to sell a security; also called the offer price. AssetAny possession that has value in an exchange. AssetA resource, recorded through a transaction, that is expected to yield a benefit to a AssetSomething that is owned; a financial claim or a piece of property that is a store of value. AssetProbable future economic benefit that is obtained or controlled by an entity as a result of assetAnything owned by, or owed to, an individual or business which has commercial or exchange value (e.g., cash, property, etc.). AssetAll things of value owned by an individual or organization. Asset activity ratiosRatios that measure how effectively the firm is managing its assets. Asset allocation decisionThe decision regarding how an institution's funds should be distributed among the Asset-Backed SecuritiesBond or note secured by assets of company. Asset-backed securityA security that is collateralized by loans, leases, receivables, or installment contracts Asset-based financingMethods of financing in which lenders and equity investors look principally to the Asset-Based FinancingLoans granted usually by a financial institution where the asset being financed constitutes the sole security given to the lender. Asset classesCategories of assets, such as stocks, bonds, real estate and foreign securities. Asset CoverageExtent to which a company's net assets cover a particular debt obligation, class of preferred stock, or equity position. Asset-coverage testA bond indenture restriction that permits additional borrowing on if the ratio of assets to Asset/equity ratioThe ratio of total assets to stockholder equity. Asset for asset swapCreditors exchange the debt of one defaulting borrower for the debt of another Asset/liability managementAlso called surplus management, the task of managing funds of a financial asset mixThe weighting of assets in an investment portfolio among different asset classes (e.g. shares, bonds, property, cash, overseas investments. Asset pricing modelA model for determining the required rate of return on an asset. Asset pricing modelA model, such as the Capital Asset Pricing Model (CAPM), that determines the required Asset-specific RiskThe amount of total risk that can be eliminated by diversification by Asset substitutionA firm's investing in assets that are riskier than those that the debtholders expected. Asset substitution problemArises when the stockholders substitute riskier assets for the firm's existing Asset swapAn interest rate swap used to alter the cash flow characteristics of an institution's assets so as to Asset turnoverThe ratio of net sales to total assets. asset turnovera ratio measuring asset productivity and showing the number of sales dollars generated by each dollar of assets asset turnover ratioA broad-gauge ratio computed by dividing annual AssetsA firm's productive resources. ASSETSAnything of value that a company owns. AssetsThings that the business owns. AssetsItems owned by the company or expenses that have been paid for but have not been used up. Assets requirementsA common element of a financial plan that describes projected capital spending and the AssignmentThe receipt of an exercise notice by an options writer that requires the writer to sell (in the case AssignmentThis is the legal transfer on one person's interest in an insurance policy to another person or entity, such as to a bank to qualify for a loan AssurisAssuris is a not for profit organization that protects Canadian policyholders in the event that their life insurance company should become insolvent. Their role is to protect policyholders by minimizing loss of benefits and ensuring a quick transfer of their policies to a solvent company where their benefits will continue to be honoured. Assuris is funded by the life insurance industry and endorsed by government. If you are a Canadian citizen or resident, and you purchased a product from a member life insurance company in Canada, you are protected by Assuris. Asymmetric informationInformation that is known to some people but not to other people. Asymmetric taxesA situation wherein participants in a transaction have different net tax rates. AsymmetryA lack of equivalence between two things, such as the unequal tax treatment of interest expense attribute-based costing (ABC II)an extension of activitybased costing using cost-benefit analysis (based on increased customer utility) to choose the product attribute Attribute biasThe tendency of stocks preferred by the dividend discount model to share certain equity Average (across-day) measuresAn estimation of price that uses the average or representative price of a Bank discount basisA convention used for quoting bids and offers for treasury bills in terms of annualized Bargain-purchase-price optionGives the lessee the option to purchase the asset at a price below fair market Base interest rateRelated: Benchmark interest rate. Base probability of lossThe probability of not achieving a portfolio expected return. Base YearThe reference year when constructing a price index. By tradition it is given the value 100. Basic balanceIn a balance of payments, the basic balance is the net balance of the combination of the current Basic business strategiesKey strategies a firm intends to pursue in carrying out its business plan. basic earnings per share (EPS)This important ratio equals the net Basic Earnings Power RatioPercentage of earnings relative to total assets; indication of how Basic IRR ruleAccept the project if IRR is greater than the discount rate; reject the project is lower than the BasisRegarding a futures contract, the difference between the cash price and the futures price observed in the Basis pointIn the bond market, the smallest measure used for quoting yields is a basis point. Each percentage Basis PointOne one-hundredth of one percent Basis pointOne hundredth of one percentage point, or 0.0001. Basis PointOne one-hundredth of a percentage point, used to express variations in yields. For example, the difference between 5.36 percent and 5.38 percent is 2 basis points. Basis pricePrice expressed in terms of yield to maturity or annual rate of return. Basis riskThe uncertainty about the basis at the time a hedge may be lifted. Hedging substitutes basis risk for Basket optionsPackages that involve the exchange of more than two currencies against a base currency at Basket tradesRelated: Program trades. Biased expectations theoriesRelated: pure expectations theory. Bid-askedspread The difference between the bid and asked prices. Bond-equivalent basisThe method used for computing the bond-equivalent yield. Break-even lease paymentThe lease payment at which a party to a prospective lease is indifferent between Canadian Life and Health Insurance Association (CLHIA)An association of most of the life and health insurance companies in Canada that conducts research and compiles information about the life and health insurance industry in Canada. capital assetan asset used to generate revenues or cost savings Capital assetA fixed asset, something that is expected to have long-term usage within Capital asset pricing model (CAPM)An economic theory that describes the relationship between risk and Capital Asset Pricing Model (CAPM)A model for estimating equilibrium rates of return and values of capital asset pricing model (CAPM)Theory of the relationship between risk and return which states that the expected risk Capital leaseA lease obligation that has to be capitalized on the balance sheet. Capital leaseA lease in which the lessee obtains some ownership rights over the asset Capital LeaseOne where substantially all of the benefits and risks of ownership are transferred to the lessee. It must be reflected on the company's balance sheet as an asset and corresponding liability. Capitalized Cost An expenditure or accrual that is reported as an asset to be amortized againstfuture-period revenue. CASBsee Cost Accounting Standards Board CashThe value of assets that can be converted into cash immediately, as reported by a company. Usually CashAmounts held in currency and coin (commonly referred to as petty cash) and amounts on deposit in financial institutions. CashCurrency, coin, and funds on deposit that are available for immediate withdrawal without Cash accountingA method of accounting in which profit is calculated as the difference between income Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |