Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance Dictionary

ACCOUNTANT

A party trained in bookkeeping and finance practices. They make annual reports, statements, make decisions, plan, and advise on tax and investments. Refer to accounting.

ACCRETIVE

How a company or asset grow due to the addition of an external source. It is used to expand company size.

ACQUISITION FEE

Administrative costs including acquiring credit reports, proofing the paperwork, identifying proper insurance coverage etc. When a lease is set up.

ACTIVATED CARBON

A carbon used in catalytic coverters and waste treatment. It removes toxicity to the environment. One gram neutralizes 1,000 sq meteres. Refer to molecular sieve.

ADAM SMITH

The father of economic theory. He has written severla books on markets and economics.

ABOVE GROUND RISK

Risks whose nature is not technically calculatedly. Usually associated with the political climate, market variations, and price fluctuation.

ABUSE OF POWER

The basic abuse of power that can occur when they become too manipulative with those around them and the trust given to them.

ABX INDEX

An index used to derive the value of a mortgages subprime. A credit default to exchange is used to help those with weak credit. It has four series each containing 20 bonds.

ABANDONMENT

the voluntary relinquishment of all rights, title, or claim to property that rightfully belongs to the owner of the property. Stocks, bonds or mutual funds held in a brokerage account where the

ABOVE THE LINE

1. Accounting: a record used to characterize income and expenses required to run a business that affect the profit, but not the capital, of the given company. 2. Advertising: exposure through the

ACA

This individual works and is bound by the laws of the Institute Of Chartered Accountants.

ABATEMENT

1. Commerce: a reduction in the amount of a bill due to factors such as demurrage, overtime penalty, or rent. 2. Environment: to reduce or eliminate polluting or hazardous substances. This is

ABOVE THE LINE DEDUCTION

Any amounts that can be garnished from an individuals total income. Examples of this are alimony, child support, or educational costs.

ABBREVIATED ACCOUNTS

A simplified financial statement that a specific small firm is allowed to file. It is filed with the registrar of companies in the United Kingdom. Almost half of the active UK firms

ABOVE WATER

A company who can stay out of debt and economic trouble. This causes them to have a better credit rating and investors see them as well off. They will also be rewarded

ACCA

This individual works and is bound by the laws of the Institute Of Chartered Accountants.

ABC AGREEMENT

When an employee and brokerage firm do business this is the resulting contract. It is done in the form of an outline that lists the rights of the firm. This agreement is

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