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Definition of substitute good
an item that can replace another item to satisfy the same wants or needs
the total cost of the
The cost of merchandise that a company sold this year. For manufacturing companies, the cost of raw
See cost of sales.
The cost of the items that were sold during the current period.
The accumulated total of all costs used to create a product or service,
The charge to expense of the direct materials, direct labor, and
goods that have been completed by the manufacturing
Completed inventory items ready for shipment to
A delivery in which everything - endorsement, any necessary attached legal papers, etc. - is in
Refers to PSA Uniform Practices such as cutoff times on delivery
Sometimes simply called "GTC", it means an order to buy or sell stock that is good until
Whatever measure of the money supply is chosen for application of the monetarist rule will soon begin to misbehave.
Excess of the purchase price over the fair market value of the net assets acquired under purchase
The excess of the price paid to buy another company over the book value of
Intangible assets of a firm established by the excess of the price paid for the going concern over the value of its assets.
A good used in producing another good.
A term used to describe a situation in which a business combination
Open (good-til-cancelled) order
An individual investor can place an order to buy or sell a security. That
Realizable Revenue A revenue transaction where assets received in exchange for goods and
services are readily convertible into known amounts of cash or claims to cash.
A method for hedging price risk that utilizes debt-market instruments, such as interest rate
Refer to goods and services produced and consumed domestically that are not close
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