UNRECORDED EXPENSE
Expense occurring in one period of accounting but recorded in another.
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Expense occurring in one period of accounting but recorded in another.
Loan where interest as added as soon as the money is given to the borrower.
See Arms Index.
Speed and ease of using or operating a device, facility or service.
Paying for the cost of utilities used.
The situation arising when payment made outside of the country are greater than payments received by a company. Also known as balance of payment deficit.
Rules established by NASD for handling over the counter, OTC, transactions.
Backup supply of power that lasts long enough to shut down the system or to allow another generator to take over.
Accounting. All financial data should be recorded in one currency unit only. See accounting concepts.
Depreciation method calculated based on an asset’s use instead of time it is in service and matching expense of depreciation to generated revenue.
1. Off loading goods from the container or vehicle that delivered them. 2. Selling goods in order to be rid of them at a lower than usual price.
Revenue occurring in one period of accounting but recorded in another.
Risk of a securities investment not common to all securities but to a certain security. Also known as non-systemic risk.
Term referring to part of the oil industry doing the exploration and recovery. See downstream.
Bill of exchange drawn on a governed term of usage in trade or between involved countries.
1. Business. Firm owning and operating facilities for production and distribution of water, electricity, gas telecommunications to the public. 2. Computing. Program whose function is to maintain efficiency of the system. Also
Formal document for procuring goods and services that meet criteria of an obligation incurred but has not yet been filled.
Rating system used to determine amounts for premiums.
1. Crafts like crane driving, welding that is covered by a international or national union. 2. Employees represented by the trade union. 3. Jobs a trade union claims can be filled by
1. Contracting. Pre-determined price for work to be done. 2. Retailing. Price of one item sold.