NON-CASH EXPENSE
Expenses such as amortization and depreciation that do not involve cash transactions, yet show up on an income statement.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Expenses such as amortization and depreciation that do not involve cash transactions, yet show up on an income statement.
A retirement plan in which the full premium cost is borne by the employer
A monetary obligation that is not disbursed immediately upon the sale of an individual’s assets or his declaration of bankruptcy. These include the incurred but unpaid taxes.
Assets such as the manufacturing facility that are listed on a company’s financial statement.
1. An graphical plot of an equation, whose points do fall on a straight line, but rather a curve. 2. a procedure that does not follow a predetermined sequence.
The sale of preferred stock by the company is considered a ‘nonparticipating’ investment. The stockholder is eligible for dividend payments and the cost to initiate the fund, in addition to receiving the
Sometimes referred to as a NonStatutory Stock Option, these easy to set up and administer plans offer employer sponsored stock options. However, they are inferior to the incentive stock option plan as
A bid that fails to satisfy the specifications of an invitation to propose, bid,etc.
A material that does not vaporize or sublimate when left in the open at room temperature and pressure.
An item that is mentioned in the contract only for reference purposes and as such has no bearing or relation to the contract.
A legal notification or warning that is delivered in a written format or through a formal announcement. An individual or party is considered liable if the party (1) has knowledge of the
In equilibrium markets, the notional demand is the total quantity of goods and services demanded.
Inviduals who suffer from chronic illnesses or are unable to provide for themselves are provided care through nursing homes. Due to the longterm nature of the service provided, they are also referred
A standard that is based on factual measurements, in the absence of a biased judgement or analysis. TLD Example: The use of a reasonable person standard to determine whether someone acted negligently
The requisite that the number of assumptions be kept to a minimum. The simpler of two assumptions is usually assumed in the event that both of them are equally valid.
Failure to meet the prescribed specifications or standards.
An executive department under the U.S government that handles matter related to the international trade policy. The USTR recommends trade policies and takes part in trade negotiations by working closely with the
Cards that have a slight delay in the processing of the seller’s transactions and as such the seller’s account is only credited with the amount after two days. In comparison, funds are
Accomplishment of tasks by a third party service provider or manufacturer that saves the company on monetary and labor costs.
A market in which a small number of businesses compete almost exclusively with each other.