Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: inventory, business, money, financial, credit, payroll, tax advisor, accounting,
Definition of Calendar
List of new issues scheduled to come to market shortly.
The tendency of stocks to perform differently at different times, including such anomalies as
A statistical compilation formulated by a sovereign nation of all economic transactions
A 12 month period over which a company reports on the activities that
A form used to report gross pay and tax deductions for each employee
Result of a transaction that increases earnings per common share (e.g. by decreasing the
The difference between exports and imports of goods.
A statement of a country's transactions with other countries.
Net flow of goods (exports minus imports) between countries.
See balance of merchandise trade.
Also called the statement of financial condition, it is a summary of the assets, liabilities, and
A “snapshot” statement that freezes a company on a particular day, like the last day of the year, and shows the balances in its asset, liability, and stockholders’ equity accounts. It’s governed by the formula:
A financial statement showing the financial position of a business – its assets, liabilities and
One of the basic financial statements; it lists the assets, liabilities, and equity accounts of the company. The balance Sheet is prepared using the balances at the end of a specific day.
A term often used instead of the more formal and correct
A report that summarizes all assets, liabilities, and equity for a company
Financial statement that shows the value of the
A financial report showing the status of a company's assets, liabilities, and owners' equity on a given date.
Balance sheet exposure
Balance sheet identity
Total Assets = Total Liabilities + Total Stockholders' Equity
The multiplier associated with a change in government spending financed by an equal change in taxes.
An investment company that invests in stocks and bonds. The same as a balanced mutual fund.
Balanced mutual fund
This is a fund that buys common stock, preferred stock and bonds. The same as a
A system of non-financial performance measurement that links innovation, customer and process measures to financial performance.
balanced scorecard (BSC)
an approach to performance
In a balance of payments, the basic balance is the net balance of the combination of the current
Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit Committees
A committee formed in response to SEC chairman Arthur Levitt's initiative to improve the financial
Clearing House Automated Payments System (CHAPS)
A computerized clearing system for sterling funds
Clearing House Interbank Payments System (CHIPS)
An international wire transfer system for high-value
The grouping of investors who have a preference that the firm follow a particular financing
Refers to the fact that the merger of two firms decreases the probability of default on
common-size balance sheet
balance sheet that presents items as a percentage of total assets.
An excess balance that is left in a bank to provide indirect compensation for loans
A bond's interest payments.
The cumulative, after-tax, prior-year effect of a change in accounting
Cumulative Effect of a Change in Accounting Principle
The change in earnings of previous years
Cumulative Effect of Accounting Change
The change in earnings of previous years assuming
An accelerated depreciation method that calculates depreciation each year by applying a fixed rate to the asset’s book (cost–accumulated depreciation) value. Depreciation stops when the asset’s book value reaches its salvage value.
A method of depreciation.
Result of a transaction that decreases earnings per common share.
Method of accelerated depreciation.
Effective annual interest rate
An annual measure of the time value of money that fully reflects the effects of
effective annual interest rate
Interest rate that is annualized using compound interest.
Effective annual yield
Annualized interest rate on a security computed using compound interest techniques.
Effective Annual Yield
Annualized rate of return on a security computed using compound
Effective call price
The strike price in an optional redemption provision plus the accrued interest to the
The convexity of a bond calculated with cash flows that change with yields.
In an interest rate swap, the date the swap begins accruing interest.
The duration calculated using the approximate duration formula for a bond with an
Effective Exchange Rate
The weighted average of several exchange rates, where the weights are determined by the extent of our trade done with each country.
Effective Interest Rate
The rate of interest actually earned on an investment. It is
Effective margin (EM)
Used with SAT performance measures, the amount equaling the net earned spread, or
A measure of the time value of money that fully reflects the effects of compounding.
The gross underwriting spread adjusted for the impact of the announcement of the common
Effective Tax Rate
The total tax provision divided by pretax book income from continuing
a measure of how well an organization’s goals
A theory that nominal interest rates in two or more countries should be equal to the required real
The rise in the stock price following the dividend signal.
Contractual debt payments based on the coupon rate of interest and the principal amount.
International Fisher effect
States that the interest rate differential between two countries should be an
international Fisher effect
Theory that real interest rates in all countries should be equal, with differences in nominal rates reflecting differences in expected inflation.
Lag response of prepayments
There is typically a lag of about three months between the time the weighted
Low price-earnings ratio effect
The tendency of portfolios of stocks with a low price-earnings ratio to
market-value balance sheet
Financial statement that uses the market value of all assets and liabilities.
Neglected firm effect
The tendency of firms that are neglected by security analysts to outperform firms that
Net cash balance
Beginning cash balance plus cash receipts minus cash disbursements.
Financing that is not shown as a liability in a company's balance sheet.
The quantity of inventory currently in stock, based on inventory
That portfolios with low P/E stocks have exhibited higher average risk-adjusted returns than high P/E stocks.
Panel on Audit Effectiveness
A special committee of the Public Oversight Board that was created
Reducing fund transfers between affiliates to only a netted amount. Netting can be done on
escribes the lagged collection pattern of receivables, for instance the probability that a
Theory that anticipated policy has no effect on output.
payments made in excess of scheduled mortgage principal repayments.
Periodic payments to a supplier, contractor or subcontractor for work satisfactorily performed to date.
Projected available balance
The future planned balance of an inventory item,
Receivables balance fractions
The percentage of a month's sales that remain uncollected (and part of
Remaining principal balance
The amount of principal dollars remaining to be paid under the mortgage as of
The tendency of small firms (in terms of total market capitalization) to outperform the
A violation of value-additivity whereby the value of the combination is greater than the
Target cash balance
Optimal amount of cash for a firm to hold, considering the trade-off between the
A listing of all the accounts and their balances on a specified day.
The effect on spending of a change in wealth caused by a change in the overall price level.
The common recurrent low or negative average return from Friday to Monday in the stock market.
Regional bank account to which just enough funds are transferred daily to pay each day’s bills.
Zero-balance account (ZBA)
A checking account in which zero balance is maintained by transfers of funds
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.