Category: Finance Dictionary

A skilled person in a speficic area. Or the past tense of accomplish.

The ways a company control their accounting practices. The goal is to follow rules and procedures, protect the company, and provide timely reports.

The interest on a BOND or LOAN that has been earned but not yet paid. Interest payable/receivable accumulates between COUPON payment periods; once a periodic interest payment is made, accrued interest reverts

Moneys obtained after a developer finds clients who will commit to leasing, that enable the company to obtain real estate and totally develop that piece of property with all necessary amenities. This

Any financial institution account that is regularly used.

A term used to describe computations and calculations for mortality rates and pensions.

Changing a work to make it meet a certain need. Or changing an idea to make it work for a situation.

Organizing data about activies for analysis to help an organization.

The time delay between the request and its completion. AKA data access time.

An original copy of a bill of landing for an order that must be shipped.

The value of resources that are used to complete an activity. Refer to economic cost.

Profit earned in current period but will be collected in the next period. AKA unrealized revenue.

When a person accused of a crime is legally freed by a court generally as a result of lack of evidence. This decision cannot generally be appealed unless in a special circumstance.

Stocks and shares that experience a heavy turnover.

A mechanical device that controls power flow.

An organization that keeps up with rapid change by acting like a chameleon. Employees have more decision power.

The capacity of any activity. This includes time and cost drivers to name just two factors.

When one party takes charge of anothers property or records by a contract that both parties agree to.

When two parties sign a contract that releases the other in return for some compensation.

A statement that must be true no matter what changes.