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Financial Terms | |
Realizable Revenue A revenue transaction where assets received in exchange for goods and |
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Definition of Realizable Revenue A revenue transaction where assets received in exchange for goods andRealizable Revenue A revenue transaction where assets received in exchange for goods andservices are readily convertible into known amounts of cash or claims to cash.
Related Terms:Acquisition of assetsA merger or consolidation in which an acquirer purchases the selling firm's assets. American Stock Exchange (AMEX)The second-largest stock exchange in the United States. It trades approximated net realizable value at split-off allocationa method of allocating joint cost to joint products using a 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 Bill of exchangeGeneral term for a document demanding payment. Cash transactionA transaction where exchange is immediate, as contrasted to a forward contract, which Chicago Mercantile Exchange (CME)A not-for-profit corporation owned by its members. Its primary Commodities Exchange Center (CEC)The location of five New York futures exchanges: Commodity Convertible exchangeable preferred stockConvertible preferred stock that may be exchanged, at the cost of goods manufactured (CGM)the total cost of the Cost of goods soldThe cost of merchandise that a company sold this year. For manufacturing companies, the cost of raw Cost of goods soldSee cost of sales. ![]() Cost of goods soldThe cost of the items that were sold during the current period. Cost of goods soldThe accumulated total of all costs used to create a product or service, Cost of goods soldThe charge to expense of the direct materials, direct labor, and Current assetsValue of cash, accounts receivable, inventories, marketable securities and other assets that Current assetsCash, things that will be converted into cash within a year (such as accounts receivable), and inventory. Current assetsAmounts receivable by the business within a period of 12 months, including bank, debtors, inventory and prepayments. current assetsCurrent refers to cash and those assets that will be turned Current AssetsCash and other company assets that can be readily turned into cash within one year. Effective Exchange RateThe weighted average of several exchange rates, where the weights are determined by the extent of our trade done with each country. Equation of ExchangeThe quantity theory equation Mv = PQ. ExchangeThe marketplace in which shares, options and futures on stocks, bonds, commodities and indices ![]() Exchange controlsGovernmental restrictions on the purchase of foreign currencies by domestic citizens or Exchange of assetsAcquisition of another company by purchase of its assets in exchange for cash or stock. Exchange of stockAcquisition of another company by purchase of its stock in exchange for cash or shares. Exchange offerAn offer by the firm to give one security, such as a bond or preferred stock, in exchange for Exchange rateThe price of one country's currency expressed in another country's currency. exchange rateAmount of one currency needed to purchase one unit of another. Exchange Rate Mechanism (ERM)The methodology by which members of the EMS maintain their Exchange Rate, NominalThe price of one currency in terms of another, in this book defined as number of units of foreign currency per dollar. Exchange Rate, RealThe nominal exchange rate corrected for price level differences. Exchange rate riskAlso called currency risk, the risk of an investment's value changing because of currency Exchange riskThe variability of a firm's value that results from unexpected exchange rate changes or the Exchangeable SecuritySecurity that grants the security holder the right to exchange the security for the expectations theory of exchange ratesTheory that expected spot exchange rate equals the forward rate. Fictitious Revenuerevenue recognized on a nonexistent sale or service transaction. Financial assetsClaims on real assets. financial assetsClaims to the income generated by real assets. Also called securities. Finished goods inventorygoods that have been completed by the manufacturing Finished goods inventoryCompleted inventory items ready for shipment to Fixed assetsThings that the business owns and are part of the business infrastructure – fixed assets may be fixed assetsAn informal term that refers to the variety of long-term operating Fixed AssetsLand, buildings, plant, equipment, and other assets acquired for carrying on the business of a company with a life exceeding one year. Normally expressed in financial accounts at cost, less accumulated depreciation. Fixed Assets Turnover RatioA measure of the utilization of a company's fixed assets to Fixed-exchange rateA country's decision to tie the value of its currency to another country's currency, gold Fixed Exchange RateAn exchange rate held constant by a government promise to buy or sell dollars at the fixed rate on the foreign exchange market. Flexible Exchange RateAn exchange rate whose value is determined by the forces of supply and demand on the foreign exchange market. Floating exchange rateA country's decision to allow its currency value to freely change. The currency is not Floating Exchange RateSee flexible exchange rate. Foreign exchangeCurrency from another country. Foreign ExchangeThe currency of a foreign country. Foreign exchange controlsVarious forms of controls imposed by a government on the purchase/sale of Foreign exchange dealerA firm or individual that buys foreign exchange from one party and then sells it to Foreign Exchange MarketA worldwide market in which one country's currency is bought or sold in exchange for another country's currency. Foreign Exchange ReservesA fund containing the central bank's holdings of foreign currency or claims thereon. Foreign exchange riskThe risk that a long or short position in a foreign currency might have to be closed out Foreign exchange swapAn agreement to exchange stipulated amounts of one currency for another currency Forward Exchange MarketA market in which foreign exchange can be bought or sold for delivery (and payment) at some specified future date but at a price agreed upon now. Forward exchange rateexchange rate fixed today for exchanging currency at some future date. forward rate of exchangeexchange rate for a forward transaction. Going-private transactionsPublicly owned stock in a firm is replaced with complete equity ownership by a Gold exchange standardA system of fixing exchange rates adopted in the Bretton Woods agreement. It Highly leveraged transaction (HLT)Bank loan to a highly leveraged firm. Historical exchange rateAn accounting term that refers to the exchange rate in effect when an asset or incremental revenuethe revenue resulting from an additional contemplated sale Industrial revenue bond (IRB)Bond issued by local government agencies on behalf of corporations. Intangible assetsassets owned by the company that do not possess physical substance; they usually take the form of rights and privileges such as patents, copyrights, and franchises. Intangible fixed assetsNon-physical assets, e.g. customer goodwill or intellectual property (patents and trademarks). Intercompany transactiontransaction carried out between two units of the same corporation. Internal Revenue CodeRefers to all federal tax laws as a group. Internal Revenue ServiceA federal agency empowered by Congress to interpret and enforce tax-related laws. London International Financial Futures Exchange (LIFFE)A London exchange where Eurodollar futures London International Financial Futures Exchange (LIFFE)London exchange where Eurodollar futures as well as futures-style options are traded. Long-term assetsValue of property, equipment and other capital assets minus the depreciation. This is an Longer-Term Fixed Assetsassets having a useful life greater than one year but the duration of the 'long term' will vary with the context in which the term is applied. Medium of ExchangeAny item that can be commonly exchanged for goods and services. Net assetsThe difference between total assets on the one hand and current liabilities and noncapitalized longterm 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 SALES (revenue)The amount sold after customers’ returns, sales discounts, and other allowances are taken away from New York Stock Exchange (NYSE)Also known as the Big Board or The Exhange. More than 2,00 common Nominal exchange rateThe actual foreign exchange quotation in contrast to the real exchange rate that has Non-reproducible assetsA tangible asset with unique physical properties, like a parcel of land, a mine, or a Organized exchangeA securities marketplace wherein purchasers and sellers regularly gather to trade Other assetsA cluster of accounts that are listed after fixed assets on the balance sheet, Other current assetsValue of non-cash assets, including prepaid expenses and accounts receivable, due Personal Assetsassets, the title of which are held personally rather than in the name of some other legal entity. Philadelphia Stock Exchange (PHLX)A securities exchange where American and European foreign Picking transactionWithdrawing parts or subassemblies from stock in order to Preferred Stock Stock that has a claim on assets and dividends of a corporation that are priorto that of common stock. Preferred stock typically does not carry the right to vote. Premature Revenuerevenue recognized for a confirmed sale or service transaction in a period Publicly traded assetsassets that can be traded in a public market, such as the stock market. Quick assetsCurrent assets minus inventories. Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |