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Financial Terms | |
Real time |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
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Definition of Real timeReal timeA real time stock or bond quote is one that states a security's most recent offer to sell or bid (buy).
Related Terms:electronic data interchange (EDI)the computer-to-computer transfer of information in virtual real time using standardized formats developed by the American National Standards Institute After-tax real rate of returnMoney after-tax rate of return minus the inflation rate. approximated net realizable value at split-off allocationa method of allocating joint cost to joint products using a Break-even timeRelated: Premium payback period. Cash flow time-lineLine depicting the operating activities and cash flows for a firm over a particular period. cycle timethe time between the placement of an order to employee time sheeta source document that indicates, for each employee, what jobs were worked on during the day and for what amount of time ![]() Exchange Rate, RealThe nominal exchange rate corrected for price level differences. idle timethe amount of time spent in storing inventory or inspection timethe time taken to perform quality control activities Interest Rate, RealNominal interest rate less expected inflation. Just-in-time inventory systemsSystems that schedule materials/inventory to arrive exactly as they are just-in-time (JIT)a philosophy about when to do something; Just-in-time (JIT)A cluster of manufacturing, design, and delivery practices designed to Just-in-time manufacturingThe term for several manufacturing innovations that just-in-time manufacturing systema production system that attempts to acquire components and produce inventory only as needed, to minimize product defects, and to ![]() just-in-time traininga system that maps the skill sets employees lead timesee cycle time Market timerA money manager who assumes he or she can forecast when the stock market will go up and down. Net Realizable ValueSelling price of an asset less expenses of bringing the asset into a saleable state and expenses of the sale. net realizable value approacha method of accounting for by-products or scrap that requires that the net realizable value of these products be treated as a reduction in the cost of the primary products; primary product cost may be reduced by decreasing either net realizable value at split-off allocationa method of allocating joint cost to joint products that uses, as the proration base, sales value at split-off minus all costs necessary Net realizeable valueThe expected revenue to be gained from the sale of an item or OvertimeA pay premium of 50 percent of the regular rate of pay that is earned processing timethe actual time consumed performing the RealMeasured in base year, or constant, dollars. Contrast with nominal. Real Actions (Earnings) ManagementInvolves operational steps and not simply acceleration ![]() Real assetsIdentifiable assets, such as buildings, equipment, patents, and trademarks, as distinguished from a real assetsAssets used to produce goods and services. Real Business Cycle TheoryBelief that business cycles arise from real shocks to the economy, such as technology advances and natural resource discoveries, and have little to do with monetary policy. Real capitalWealth that can be represented in financial terms, such as savings account balances, financial Real cash flowA cash flow is expressed in real terms if the current, or date 0, purchasing power of the cash Real Exchange RateExchange rate adjusted for relative price levels. Real exchange ratesExchange rates that have been adjusted for the inflation differential between two countries. Real GDPGDP expressed in base-year dollars, calculated by dividing nominal GDP by a price index. Real IncomeIncome expressed in base-year dollars, calculated by dividing nominal income by a price index. Real interest rateThe rate of interest excluding the effect of inflation; that is, the rate that is earned in terms Real Interest RateThe rate of interest paid on an investment adjusted for inflation real interest rateRate at which the purchasing power of an investment increases. Real marketThe bid and offer prices at which a dealer could do "size." Quotes in the brokers market may real microprofit centera center whose output has a market value Real Money SupplyMoney supply expressed in base-year dollars, calculated by dividing the money supply by a price index. real optionsOptions embedded in real assets. Real Rate of InterestSee interest rate, real. real value of $1Purchasing power–adjusted value of a dollar. Real WageWage expressed in base-year dollars, calculated by dividing the money wage by a price index. Realizable Revenue A revenue transaction where assets received in exchange for goods andservices are readily convertible into known amounts of cash or claims to cash. Realized compound yieldYield assuming that coupon payments are invested at the going market interest Realized Gains and LossesIncreases or decreases in the fair value of an asset or a liability that Realized returnThe return that is actually earned over a given time period. Realized RevenueA revenue transaction where goods and services are exchanged for cash or realized value approacha method of accounting for byproducts or scrap that does not recognize any value for these products until they are sold; the value recognized REIT (real estate investment trust)real estate investment trust, which is similar to a closed-end mutual REMIC (real estate mortgage investment conduit)A pass-through tax entity that can hold mortgages service timethe actual time consumed performing the functions Time ClockA device used to stamp an employee’s incoming or outgoing time Time decayRelated: theta. Time depositInterest-bearing deposit at a savings institution that has a specific maturity. Time DepositSee term deposit. Time draftDemand for payment at a stated future date. Time premiumAlso called time value, the amount by which the option price exceeds its intrinsic value. The Time to maturityThe time remaining until a financial contract expires. Also called time until expiration. Time until expirationThe time remaining until a financial contract expires. Also called time to maturity. Time value of an optionThe portion of an option's premium that is based on the amount of time remaining Time value of moneyThe idea that a dollar today is worth more than a dollar in the future, because the dollar Time-weighted rate of returnRelated: Geometric mean return. TimecardA document or electronic record on which an employee records his or timelinerepresentation of the amounts and timing of all times interest earnedA ratio that tests the ability of a business to make Times-interest-earned ratioEarnings before interest and tax, divided by interest payments. Times Interest Earned RatioA measure of how well a company is able to meet its interest transfer timethe time consumed by moving products or Turnaround timetime available or needed to effect a turnaround. Cash flowIn investments, it represents earnings before depreciation , amortization and non-cash charges. enterprise resource planning (ERP) systema packaged software program that allows a company to IndexA series of numbers measuring percentage changes over time from a base period. The index number for the base period is by convention set equal to 100. Lease (Credit Insurance)Contract granting use of real estate, equipment or other fixed assets for a specified period of time in exchange for payment. The owner or a leased property is the lessor and the user the lessee. LeasingContract granting use of real estate, equipment, or other fixed assets for a specified time in exchange for payment, usually in the form of rent. The owner of the leased property is called the lessor, the user the lessee. Mortgage InsuranceCommonly sold in the form of reducing term life insurance by lending institutions, this is life insurance with a death benefit reducing to zero over a specific period of time, usually 20 to 25 years. In most instances, the cost of coverage remains level, while the death benefit continues to decline. Re-stated, the cost of this kind of insurance is actually increasing since less death benefit is paid as the outstanding mortgage balance decreases while the cost remains the same. Lending institutions are the most popular sources for this kind of coverage because it is usually sold during the purchase of a new mortgage. The untrained institution mortgage sales person often gives the impression that this is the only place mortgage insurance can be purchased but it is more efficiently purchased at a lower cost and with more flexibility, directly from traditional life insurance companies. No matter where it is purchased, the reducing term insurance death benefit reduces over a set period of years. Most consumers are up-sizing their residences, not down-sizing, so it is likely that more coverage is required as years pass, rather than less coverage. Non-Smoker DiscountIn October 1996 it was announced in the international news that scientists had finally located the link between cigarette smoking and lung cancer. In the early 1980's, some Canadian Life Insurance Companies had already started recognizing that non-smokers had a better life expectancy than smokers so commenced offering premium discounts for life insurance to new applicants who have been non-smokers for at least 12 months before applying for coverage. Today, most life insurance companies offer these discounts. Operating cycleThe average time intervening between the acquisition of materials or services and the final Performance measurementThe calculation of the return realized by a money manager over some time interval. Workout periodrealignment period of a temporary misaligned yield relationship that sometimes occurs in Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |