WRITTEN DOWN VALUE (WDV)
Asset’s net book value.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Asset’s net book value.
Policy premiums paid on insurance written over a period of time.
Capital allowance where costs of acquired assets in the present year as added to a written down value of assets from the previous year.
Resolution of members carrying signature of all members so it is effective.
Arranged financing meeting needs over a set period of time.
Period where a bill of exchange is drafted and is then due for payment.
Length of a loan and time during that it must be paid.
Transfer internally of a debt shown on a firm’s balance sheet by capitalization of long and short term debt.
Clause in a rating manual that details term where coverage is valid.
Relationship existing between interest rates and yield on bonds and maturities.
Device of data input and output including a display monitor, mouse, keyboard.
Behaviour desired at the end of a training and learning process.
Method of keeping records where the last number will be used as the key to filing.
Highest learning level that student’s will achieve after completing the process of learning.
Internal rate of return based on net cash flow generated during a project’s life.
1. Asset’s value at the end of its productive life. 2. Investment value at maturity.
Person diagnosed with an illness to die soon.
Jobs and work not completed before a contract is terminated.
1. last step of employment where a worker is let go. 2. Customer cancellation of remaining work of a contract. See termination for default and termination for convenience.
Contract provision allowing it to be terminated under certain circumstances. Also known as terminate provision.