Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: finance, inventory, tax advisor, financial, business, investment, money, accounting,
Definition of Subpart F
Special category of foreign-source "unearned" income that is currently taxed by the IRS whether
A foreign corporation whose voting stock is more than 50% owned
Cash flow plus change in present value.
A dividend that is paid in addition to a firm's "regular" quarterly dividend.
The fIRSt day, varying by contracts and exchanges, on which notices of intent to deliver
With CMOs, the start of the cash flow cycle for the cash flow window.
A method of valuing the cost of goods sold that uses the cost of the oldest item in
A time series regression to estimate the betas of securities portfolios.
Also called a busted convertible, a convertible security that is trading like a straight
Assets that pay a fixed-dollar amount, such as bonds and preferred stock.
The market for trading bonds and preferred stock.
That portion of domestic bank loans supplied to foreigners for use abroad.
A bond issued on the domestic capital market of anther company.
That portion of the domestic bond market that represents issues floated by foreign
An option that conveys the right to buy or sell a specified amount of foreign
Foreign currency translation
The process of restating foreign currency accounts of subsidiaries into the
Foreign direct investment (FDI)
The acquisition abroad of physical assets such as plant and equipment, with
Foreign equity market
That portion of the domestic equity market that represents issues floated by foreign companies.
Currency from another country.
Foreign exchange controls
Various forms of controls imposed by a government on the purchase/sale of
Foreign exchange dealer
A firm or individual that buys foreign exchange from one party and then sells it to
Foreign exchange risk
The risk that a long or short position in a foreign currency might have to be closed out
Foreign exchange swap
An agreement to exchange stipulated amounts of one currency for another currency
Part of a nation's internal market, representing the mechanisms for issuing and trading
Foreign market beta
A measure of foreign market risk that is derived from the capital asset pricing model.
Foreign Sales Corporation (FSC)
A Special type of corporation created by the Tax Reform Act of 1984 that
Foreign tax credit
Home country credit against domestic income tax for foreign taxes paid on foreign
One who receives income from a trust.
A bond on which the payment of interest is contingent on sufficient earnings. These bonds are
A mutual fund providing for liberal current income from investments.
Income statement (statement of operations)
A statement showing the revenues, expenses, and income (the
Common stock with a high dividend yield and few profitable investment opportunities.
The revenue from a portfolio of invested assets.
A method of valuing inventory that uses the cost of the most recent item in
The last-in-fIRSt-out inventory valuation methodology. A method of valuing
Monthly income preferred security (MIP)
Preferred stock issued by a subsidiary located in a tax haven.
The company's total earnings, reflecting revenues adjusted for costs of doing business,
Amount of funds generated during the period from operations by sources other than
Perfected first lien
A fIRSt lien that is duly recorded with the cognizant governmental body so that the lender
Also referred to as an extra dividend. Dividend that is unlikely to be repeated.
Special drawing rights (SDR)
A form of international reserve assets, created by the IMF in 1967, whose
On an exchange, the member firm that is designated as the market maker (or dealer for a listed
Also called margin income, the difference between income and cost. For a depository
Gross income less a set of deductions.
For an insurance company, the difference between the premiums earned and the costs
A network of trading desks for the major brokerage firms and institutional investors that
FIFO (First In, First Out)
An inventory valuation method that presumes that the fIRSt units received were the fIRSt ones
An accounting statement that summarizes information about a company in the following format:
What the business paid to the IRS.
LIFO (Last In, First Out)
An inventory valuation method that presumes that the last units received were the fIRSt ones
The profit a company makes after cost of goods sold, expenses, and taxes are subtracted from net sales.
RATIO OF NET INCOME TO NET SALES
A ratio that shows how much net income (profit) a company made on each dollar of net sales. Here’s the formula:
RATIO OF NET SALES TO NET INCOME
A ratio that shows how much a company had to collect in net sales to make a dollar of profit. Figure it this way:
Residual income (RI)
The profit remaining after deducting from profit a notional cost of capital on the investment in a business or division of a business.
The document that records a transaction and forms the basis for recording in a business’s
income that a company receives in the form of dividends on stock in other companies that it holds.
First-in, first-out (FIFO)
A method of accounting for inventory.
One of the basic financial statements; it lists the revenue and expense accounts of the company.
income that a company receives in the form of interest, usually as the result of keeping money in interest-bearing accounts at financial institutions and the lending of money to other companies.
Last-in, first-out (LILO)
A method of accounting for inventory.
The last line of the income Statement; it represents the amount that the company earned during a specified period.
Journals that are used to aid in segregating duties and making the accounting function efficient.
Money that has been paid by customers for work yet to be done or goods yet to be provided.
earnings before interest and income tax (EBIT)
A measure of profit that
Financial statement that summarizes sales revenue
net income (also called the bottom line, earnings, net earnings, and net
enterprise resource planning (ERP) system
a packaged software program that allows a company to
Foreign Corrupt Practices Act (FCPA)
a law passed by U.S. Congress in 1977 that makes it illegal for a U.S. company to engage in various “questionable” foreign payments and
manufacturing resource planning (MRP II)
a fully integrated materials requirement planning system that involves
the profit earned by a responsibility center that exceeds an amount "charged" for funds committed to that center
a resource that is essential to production
special order decision
a situation in which management must determine a sales price to charge for manufacturing or service jobs outside the company’s normal production/service market
strategic resource management
organizational planning for the deployment of resources to create value for customers and shareholders; key varibles in the process include the management of information and the management of change in response to threats and opportunities
current compensation that is taxed at a future date
current compensation that is never taxed
A security that pays a specified cash flow over a
Odd first or last period
Fixed-income securities may be purchased on dates
First in, first-out costing method (FIFO)
A process costing methodology that assigns the earliest
Net earnings after all expenses for an accounting period are subtracted from all
A financial report that summarizes a company’s revenue, cost of
A government tax on the income earned by an individual or corporation.
Last-in, first-out (LIFO)
An inventory costing methodology that bases the recognized cost of
Manufacturing resource planning (MRP II)
An expansion of the material requirements planning concept, with additional computer-based capabilities in the areas of
The excess of revenues over expenses, including the impact of income taxes.
The net income of a business, less the impact of any financial activity,
A payment from a customer that cannot yet be recognized as earned
common-size income statement
income statement that presents items as a percentage of revenues.
Financial statement that shows the revenues, expenses, and net income of a firm over a period of time.
Also called economic value added. Profit minus cost of capital employed.
income less income tax.
The currency of a foreign country.
Foreign Exchange Market
A worldwide market in which one country's currency is bought or sold in exchange for another country's currency.
Foreign Exchange Reserves
A fund containing the central bank's holdings of foreign currency or claims thereon.
A policy designed to lower inflation without reducing aggregate demand. Wage/price controls are an example.
GDP with some adjustments to remove items that do not make it into anyone's hands as income, such as indirect taxes and depreciation. Loosely speaking, it is interpreted as being equal to GDP.
National Income and Product Accounts
The national accounting system that records economic activity such as GDP and related measures.
Permanent Income Hypothesis
Theory that individuals base current consumption spending on their perceived long-run average income rather than their current income.
income expressed in base-year dollars, calculated by dividing nominal income by a price index.
Tax-Related Incomes Policy (TIP)
Tax incentives for labor and business to induce them to conform to wage/price guidelines.
Employee Retirement Income Security Act of 1974 (ERISA)
A federal Act that sets minimum operational and funding standards for employee benefit
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.