Jennifer Archive
Outlay cost can be defined as the concrete cost related to the business that remains constant and can be defined at any time such as past, present and future. It is very easy to identify and define outlay costs because these are the concrete
Outsourcing is a concept of getting the work done from some source that is outside the business entity or the business corporation. With the concept of outsourcing companies distribute the work or certain projects to the supplier that are outside the circle of the
Overall turnover is the other name of total revenues of a company or a business entity. This is a synonym to total revenues term that is commonly used in the regions of Europe and Asia. Whereas the term overall turnover is used in North
Overcast is a type of forecasting error. This error occurs when a business entity or a company is trying to estimate or forecast its future financial entities such as future cash flows, production units required in future, inventory requirement in future, level of efficiency
Overcapitalization means over capitalizing the assets of a company or a business entity. Overcapitalization occurs when a business entity issues more debt and equity as compared to the total worth of its entire assets. An overcapitalized company has to pay more in terms of
Accommodation line can be defined as an addition, deduction, transformation or any kind of change in an existing insurance contract. There are several reasons of introducing this change as this change is either requested by broker or the insurance company or the individual so
As the name indicates the accommodation trading is a kind of adjustment trading in which one trader accommodates or adjusts for another trader by entering or establishing a non-competitive purchase or sales order or a non competitive environment within the market. Accommodation trading is
Accommodation endorsement can be defined as the written agreement between the two entities where one entity legally back the credit liability of the other entity. This is a type of insurance that is used to create and enhance the creditworthiness of an entity having
Accounting Earnings can be defined as the total amount that is earned by a business entity or a company in the given accounting period that may last for a year or a quarter as reported by the accounting standards such as GAAP. The accounting
Accounting Noise can be defined as the distortion or disturbance that occurred within the financial statements of a business entity or a business corporation due to the lack of following accounting rules and regulations that must be followed to maintain accurate financial statements. Due
Actuarial Analysis can be defined as the examination, measurement, estimation or determination of the degree of risk involved in a certain project by a highly educated, professional and experienced statistician. The major objective of the Actuarial analysis is to measure the risk associated with
The actual cash value can be defined as the amount that is equal to the replacement cost deducting the depreciation of the asset or the property at the time of the loss while the property or asset is being damaged or stolen. The actual
Additional collateral is a collection of additional assets by a borrower against the debt obligation to make sure that the borrower has an ability to repay the acquired debt. The major objective of the additional collateral is to minimize the risk of nonpayment of
The term adjusted gross income can be used for both an individual and a business company. Adjusted Gross income defines the amount of the income for a business company or an individual that is taxable. The method of calculating adjusted gross income is quite
Bank Investment Contract is a legal contract and it is comprised of a single security and the portfolio of securities that offer the investor a guaranteed rate of return. As the name of the contract indicates it is a bank investment contract and bank
Availability float is another banking terminology that can be useful for the accounting functions and accounting concepts. Availability float can be defined as the time period that exists between when the amount is deposited and when it is actually available in the account in
Adjustment credit can be categorized as a kind of small loan. This kind of loan is a short term loan that is declared from a Federal Reserve Bank to a small commercial bank. The major objective and the advantage of this type of loan
Average collected balance is a monetary term that is related to the bank accounting terms. The average collected balance can be defined as the balance of the uncollected funds that is accumulated in the account of an individual or an account of a business