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Financial Terms | |
ISO 9000 |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: financial advisor, inventory, investment, payroll, financial, credit, stock trading, money, |
Definition of ISO 9000ISO 9000a comprehensive series of international quality standards
Related Terms:Comparison universeThe collection of money managers of similar investment style used for assessing ISO 14000a series of international standards that are designed Poison pillAnit-takeover device that gives a prospective acquiree's shareholders the right to buy shares of the poison pillMeasure taken by a target firm to avoid acquisition; Poison putA covenant allowing the bondholder to demand repayment in the event of a hostile merger. accepted quality level (AQL)the maximum limit for the number of defects or errors in a process Accumulated Other Comprehensive IncomeCumulative gains or losses reported in shareholders' ![]() Active portfolio strategyA strategy that uses available information and forecasting techniques to seek a Advance material requestVery early orders for materials before the completion Aggregate Production FunctionAn equation determining aggregate output as a function of aggregate inputs such as labor and capital. American-style optionAn option contract that can be exercised at any time between the date of purchase and Assets requirementsA common element of a financial plan that describes projected capital spending and the At-the-moneyAn option is at-the-money if the strike price of the option is equal to the market price of the Average Collection PeriodAverage number of days necessary to receive cash for the sale of Average collection period, or days' receivablesThe ratio of accounts receivables to sales, or the total Balance of Merchandise TradeThe difference between exports and imports of goods. ![]() Balance of paymentsA statistical compilation formulated by a sovereign nation of all economic transactions Balance of PaymentsThe difference between the demand for and supply of a country's currency on the foreign exchange market. Balance of Payments AccountsA statement of a country's transactions with other countries. Balance of tradeNet flow of goods (exports minus imports) between countries. Balance of TradeSee balance of merchandise trade. Balance sheetAlso called the statement of financial condition, it is a summary of the assets, liabilities, and BALANCE SHEETA “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: Balance SheetA financial statement showing the financial position of a business – its assets, liabilities and Balance SheetOne 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. balance sheetA term often used instead of the more formal and correct Balance sheetA report that summarizes all assets, liabilities, and equity for a company balance sheetFinancial statement that shows the value of the Balance SheetA financial report showing the status of a company's assets, liabilities, and owners' equity on a given date. Balance sheet exposureSee:accounting exposure. Balance sheet identityTotal Assets = Total Liabilities + Total Stockholders' Equity Balanced-Budget MultiplierThe multiplier associated with a change in government spending financed by an equal change in taxes. Balanced fundAn investment company that invests in stocks and bonds. The same as a balanced mutual fund. Balanced mutual fundThis is a fund that buys common stock, preferred stock and bonds. The same as a Balanced ScorecardA system of non-financial performance measurement that links innovation, customer and process measures to financial performance. balanced scorecard (BSC)an approach to performance Bank collection floatThe time that elapses between when a check is deposited into a bank account and when the funds are available to the depositor, during which period the bank is collecting payment from the payer's bank. Bank for International Settlements (BIS)An international bank headquartered in Basel, Switzerland, which BARRA's performance analysis (PERFAN)A method developed by BARRA, a consulting firm in Basic balanceIn a balance of payments, the basic balance is the net balance of the combination of the current Bill of materialsA listing of all the materials and quantities that go to make up a completed product. bill of materialsa document that contains information about Bill of materialsAn itemization of the parts and subassemblies required to create a Bill of materials (BOM)A listing of all parts and subassemblies required to produce one Blue-chip companyLarge and creditworthy company. Bottom-up equity management styleA management style that de-emphasizes the significance of economic Breeder bill of materialsA bill of material that accounts for the generation and Budgetary controlThe process of ensuring that actual financial results are in line with targets – see variance Business Expansion InvestmentThe use of capital to create more money through the addition of fixed assets or through income producing vehicles. Call money rateAlso called the broker loan rate , the interest rate that banks charge brokers to finance Call protectionA feature of some callable bonds that establishes an initial period when the bonds may not be capital investment analysisRefers to various techniques and procedures Capital Investmentsmoney used to purchase fixed assets for a business, such as land, buildings, or machinery. Also, money invested in a business on the understanding that it will be used to purchase permanent assets rather than to cover day-to-day operating expenses. Cash deliveryThe provision of some futures contracts that requires not delivery of underlying assets but Cash Flow Provided or Used from Financing ActivitiesCash receipts and payments involving Cash Flow Provided or Used from Investing ActivitiesCash receipts and payments involving Collection DepartmentAn internal department within a company staffed by specialists in collecting past due accounts or accounts receivable. Collection floatThe negative float that is created between the time when you deposit a check in your account Collection fractionsThe percentage of a given month's sales collected during the month of sale and each Collection policyprocedures followed by a firm in attempting to collect accounts receivables. collection policyprocedures to collect and monitor receivables. Committee, AIMR Performance Presentation Standards Implementation CommitteeThe Association for investment Management and Research (AIMR)'s performance Presentation standards Implementation common-size balance sheetbalance sheet that presents items as a percentage of total assets. Company AcquisitionsAssets acquired to create money. May include plant, machinery and equipment, shares of another company etc. company cost of capitalExpected rate of return demanded by investors in a company, determined by the average risk of the company’s assets and operations. Company-specific riskRelated: Unsystematic risk Companyspecific RiskSee asset-specific risk Compensating balanceAn excess balance that is left in a bank to provide indirect compensation for loans Complete portfolioThe entire portfolio, including risky and risk-free assets. Comprehensive due diligence investigationThe investigation of a firm's business in conjunction with a computer-aided design (CAD)a system using computer graphics for product designs Concentration servicesMovement of cash from different lockbox locations into a single concentration Configuration controlVerifying that a delivered product matches authorizing Consumer Credit Protection ActA federal Act specifying the proportion of Contract Work Hours and Safety Standards ActA federal Act requiring federal contractors to pay overtime for hours worked exceeding 40 per week. Control50% of the outstanding votes plus one vote. Control accountAn account maintained in the general ledger that holds the balance without the detail. The detail is maintained in a subsidiary ledger. control charta graphical presentation of the results of a control premiumthe additional value inherent in the control interest as contrasted to a minority interest, which reflects its power of control controllable costa cost over which a manager has the ability to authorize incurrence or directly influence magnitude Controllable profitThe profit made by a division after deducting only those expenses that can be controlled by the controllable variancethe budget variance of the two variance approach to analyzing overhead variances Controlled disbursementA service that provides for a single presentation of checks each day (typically in Controlled foreign corporation (CFC)A foreign corporation whose voting stock is more than 50% owned ControllerThe corporate manager responsible for the firm's accounting activities. controllerthe chief accountant (in a corporation) who is responsible controllerOfficer responsible for budgeting, accounting, and auditing. controllingthe process of exerting managerial influence on Cost Accounting Standards Board (CASB)a body established by Congress in 1970 to promulgate cost accounting Cost company arrangementArrangement whereby the shareholders of a project receive output free of Cost controlThe process of either reducing costs while maintaining the same level of productivity or maintaining costs while increasing productivity. cost control systema logical structure of formal and/or informal cost of production reporta process costing document that Cost of qualityThe difference between the actual costs of production, selling and service and the costs that would be incurred if there were no failures during production or usage of products or services. Creditor Proof ProtectionThe creditor proof status of such things as life insurance, non-registered life insurance investments, life insurance RRSPs and life insurance RRIFs make these attractive products for high net worth individuals, professionals and business owners who may have creditor concerns. Under most circumstances the creditor proof rules of the different provincial insurance acts take priority over the federal bankruptcy rules. Cutoff controlA procedure for ensuring that transaction processing is completed Declining balanceAn 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. Declining-balanceA method of depreciation. Dedicating a portfolioRelated: cash flow matching. Defined benefit planA pension plan in which the sponsor agrees to make specified dollar payments to Defined Benefit PlanA pension plan that pays out a predetermined dollar Defined contribution planA pension plan in which the sponsor is responsible only for making specified Defined Contribution PlanA qualified retirement plan under which the employer Defined EBITDAA measure of EBITDA that is outlined or defined in a debt or credit agreement. DeliveryThe tender and receipt of an actual commodity or financial instrument in settlement of a futures contract. Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |