NON-TRADE RECEIVABLE
An investment that ought to be cashed in a year after the start of the investment.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An investment that ought to be cashed in a year after the start of the investment.
A treaty between Canada, the US and Mexico that was legislated in 1994, which removes tariffs and other barriers to facilitate easy trade between these countries. It lasts between five and ten
When negotiating a contract, it is the assurance from the vendor that the value of the property will not be greater than the proposed value and the estimates that will be submitted
The notification issued by a court to the participants of a lawsuit, highlighting the date of the schduled trial.
Something redundant, or that has no value, or effect, commonly used in the legal sense.
Code that is outputed by the compiler program. Similar to the machine code sometimes, it is usually in a form that requires translation by another program.
The noncompliance with the legal system by interfering with (1) the law administration or procedures, (2) not fully disclosing information or falsifying statements, and (3) inflicting damage on an officer, juror or
Assets or liabilities that have yet to be realized and hence do form a part of the balance sheet. it is included in the balance sheet only when it becomes actual.
A taxpayer can pay an amount less than the amount owed for tax liabilities, under this agreement between the IRS and the taxpayer. This only comes into effect if the IRS gets
The duties and responsibilities that accompanies one’s position in office. It differs from moral responsibility in the sense that more than one individual cannot hold an official responsibility and it can thus
A country or area that has few restrictions on businesses located there and negligible income tax, which is different from an individual’s home country. Offshore havens provide various services such as international
The location, either onshore or offshore where oil wells are found.
When spending is within previously established limits.
This is an expense that, once completed, will not usually be incurred again. This might be a one-time project or acquisition, like a computer. This purchase might last for more than one
Any improvements to a building or property that will increase its re-sale value.
Relating to public access and community development. Often involves an open source culture.
The rise in the cost of products and services as a result of spending trends.
A repurchase agreement that does not set a date for repurchase and that can be terminated by either party at any time. Rates are adjusted each day, based on current market rates.
The initial figures used in a financial plan. For established businesses, these figures are based on the balance sheet from the previous accounting period. For new businesses, the figures are based on
The performance of the company against prescribed standards, such as compliance with regulations, waste reduction, productivity, etc.