Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: payroll, credit, accounting, financial, business, financial advisor, stock trading, inventory control,
Definition of Regulation Q
Fed regulation imposing caps on the rates that banks may pay on savings and time deposits.
Intentional misstatements or omissions of amounts or disclosures in
Money owed to suppliers.
Amounts a company owes to creditors.
Amounts owed by the company for goods and services that have been received, but have not yet been paid for. Usually Accounts payable involves the receipt of an invoice from the company providing the services or goods.
Short-term, non-interest-bearing liabilities of a business
Acurrent liability on the balance sheet, representing short-term obligations
Amounts due to vendors for purchases on open account, that is, not evidenced
The number of days it would take to pay the ending balance
Expenses that have to be recorded in order for the financial statements to be accurate. Accrued expenses usually do not involve the receipt of an invoice from the company providing the goods or services.
The account that records the short-term, noninterest-
Total quantity of goods and services demanded.
Combinations of the price level and income for which the goods and services market is in equilibrium, or for which both the goods and services market and the money market are in equilibrium.
AggRegate demand for goods and services drawn as a function of the level of national income.
A budgeting process using summary-level information to
An equation determining aggRegate output as a function of aggRegate inputs such as labor and capital.
Total quantity of goods and services supplied.
Aggregate Supply Curve
Combinations of price level and income for which the labor market is in equilibrium. The short-run aggRegate supply curve incorporates information and price/wage inflexibilities in the labor market, whereas the long-run aggRegate supply curve does not.
Process in corporate financial planning whereby the smaller investment proposals of each of the
Automatic Benefits Payment
Automatic payment of moneys derived from a benefit.
Using past data to predict future data.
Balance of payments
A statistical compilation formulated by a sovereign nation of all economic transactions
Balance of Payments
The difference between the demand for and supply of a country's currency on the foreign exchange market.
Balance of Payments Accounts
A statement of a country's transactions with other countries.
Amounts owed by the company that have been formalized by a legal document called a bond.
Break-even lease payment
The lease payment at which a party to a prospective lease is indifferent between
Break-even payment rate
The prepayment rate of a MBS coupon that will produce the same CFY as that of
Related: Premium payback period.
Canada Savings Bonds
A bond issued each year by the Federal government. These bonds can be cashed in at any time for their full face value.
Cash flow time-line
Line depicting the operating activities and cash flows for a firm over a particular period.
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
A merchant banking subsidiary set up by several banks that may or may not be of the
compensation that is dependent on the
A bond's interest payments.
The exchange rate between two currencies expressed as the ratio of two foreign exchange rates
Current Tax Payment Act of 1943
A Federal Act requiring employers to withhold income taxes from employee pay.
Customary payout ratios
A range of payout ratios that is typical based on an analysis of comparable firms.
the time between the placement of an order to
Date of payment
Date dividend checks are mailed.
Delivery versus payment
A transaction in which the buyer's payment for securities is due at the time of
Checking accounts that pay no interest and can be withdrawn upon demand.
Discounted payback period rule
An investment decision rule in which the cash flows are discounted at an
Dividend payout ratio
Percentage of earnings paid out as dividends.
dividend payout ratio
Computed by dividing cash dividends for the year
dividend payout ratio
Percentage of earnings paid out as dividends.
Electronic Federal Tax Payment Systems (EFTPS)
An electronic funds transfer system used by businesses to remit taxes to the government.
employee time sheet
a source document that indicates, for each employee, what jobs were worked on during the day and for what amount of time
Equal Pay Act of 1963
A Federal Act requiring that both sexes receive equal pay
Instruments exempt from the Registration requirements of the Securities Act of 1933 or the
expectations theory of exchange rates
Theory that expected spot exchange rate equals the forward rate.
the graphical space contained within and on
Feasible target payout ratios
payout ratios that are consistent with the availability of excess funds to make
See Federal Reserve System.
Federal agency securities
Securities issued by corporations and agencies created by the U.S. government,
Federal credit agencies
Agencies of the Federal government set up to supply credit to various classes of
Federal Deposit Insurance Corporation (FDIC)
A Federal institution that insures bank deposits.
Federal Employer Identification Number
A unique identification number issued
Federal Financing Bank
A Federal institution that lends to a wide array of Federal credit agencies funds it
Non-interest bearing deposits held in reserve for depository institutions at their district Federal
Federal funds market
The market where banks can borrow or lend reserves, allowing banks temporarily
Federal funds rate
This is the interest rate that banks with excess reserves at a Federal Reserve district bank
Federal Funds Rate
The interest rate at which banks lend deposits at the Federal Reserve to one another overnight.
Federal Home Loan Banks
The institutions that Regulate and lend to savings and loan associations. The
Federal Insurance Contributions Act of 1935 (FICA)
A Federal Act authorizing the government to collect Social Security and Medicare payroll taxes.
Federal Open Market Committee (FOMC)
Fed committee that makes decisions about open-market operations.
Federal Reserve Banks
The twelve district banks in the Federal Reserve System.
Federal Reserve Board
Board of Governors of the Federal Reserve System.
Federal Reserve System
The central bank of the U.S., established in 1913, and governed by the Federal
Federal Reserve System
The central banking authority responsible for monetary policy in the United States.
Federal Reserve (the Fed)
The central bank in the United States, responsible for setting interest rates.
Federal Unemployment Tax Act (FUTA)
A Federal Act requiring employers to pay a tax on the wages paid to their employees, which is then used to create a
Federally related institutions
Arms of the Federal government that are exempt from SEC Registration and
A wire transfer system for high-value payments operated by the Federal Reserve System.
FHA prepayment experience
The percentage of loans in a pool of mortgages outstanding at the origination
A time series Regression to estimate the betas of securities portfolios.
In an interest rate swap the counterparty who pays a fixed rate, usually in exchange for a
In an interest rate swap, the counterparty who pays a rate based on a reference rate,
Forward Fed funds
Fed funds traded for future delivery.
Freddie Mac (Federal Home Loan Mortgage Corporation)
A Congressionally chartered corporation that
See: financial lease.
Graduated-payment mortgages (GPMs)
A type of stepped-payment loan in which the borrower's payments
The amount of earnings due to an employee prior to tax and other deductions.
Compound annual growth rate for the number of full fiscal years shown. If there is a negative
the amount of time spent in storing inventory or
the time taken to perform quality control activities
Interac® Direct Payment
Instead of paying with cash or a credit card, Interac Direct payment allows you to pay for your purchase with a debit card, such as your bank card. The amount of the purchase is electronically debited, or withdrawn, from your bank account (see debit card).
The amount of interest that is owed but has not been paid at the end of a period.
Contractual debt payments based on the coupon rate of interest and the principal amount.
a series of international standards that are designed
a comprehensive series of international quality standards
Just-in-time inventory systems
Systems that schedule materials/inventory to arrive exactly as they are
a philosophy about when to do something;
A cluster of manufacturing, design, and delivery practices designed to
The term for several manufacturing innovations that
just-in-time manufacturing system
a production system that attempts to acquire components and produce inventory only as needed, to minimize product defects, and to
a system that maps the skill sets employees
Lag response of prepayments
There is typically a lag of about three months between the time the weighted
see cycle time
The consideration paid by the lessee to the lessor in exchange for the use of the leased equipment/property. payments are usually made at fixed intervals.
least squares regression analysis
a statistical technique that investigates the association between dependent and independent variables; it determines the line of "best fit" for a set of observations by minimizing the sum of the squares
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.