CURRENT ASSETS
Any ASSET on the balance sheet with a final maturity of less than one year. Common current assets include cash, marketable securities (e.g., BONDS, COMMON STOCK, PREFERRED STOCK, and other investments), INVENTORY,
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Any ASSET on the balance sheet with a final maturity of less than one year. Common current assets include cash, marketable securities (e.g., BONDS, COMMON STOCK, PREFERRED STOCK, and other investments), INVENTORY,
A regulatory method of computing CREDIT RISK on a SWAP under the BANK FOR INTERNATIONAL SETTLEMENT
Any LIABILITY contract on the corporate balance sheet with a final maturity of less than one year. Common current liabilities include COMMERCIALPAPER, shortterm NOTES, REPURCHASE AGREEMENTS, DEPOSITS, ACCOUNTS PAYABLE, and the current
A current measure of the return on a COUPONbearing FIXED INCOME security, generally computed as: where C is the coupon, and P is the purchase price of the security. See also BOND
The RISK of loss arising from a change in the shape of the YIELD CURVE (i.e., the TERM STRUCTURE of INTEREST RATES). Although curve risk is generally associated with interest rates, it
An AGENT that performs various duties on behalf of a client, including holding securities in safe CUSTODY, executing financial transactions under specific instructions, and collecting periodic CASH FLOWS from investments.
MARGIN posted by a FUTURES COMMISSION MERCHANT or client with a CLEARING MEMBER to cover the requirements of trades that have been executed and temporarily covered by the member
A rule for reinsurance that the reinsurer is not liable for losses after the termination date.
A substance that causes skin damage, defatting, dermatitus, irrititation, and rashes.
The date past a discount or offer is available. The terms are no longer applicable at this date.
The point when two opposite states separate.
The minimum need lenders use for credit approvals. It is based on FICO scoring systems. The score changes from one lender to another based on each institution. The party in need may
An alphanumeric code that is unique by libraries like the Dewey decimal classification to make a call number. The number is in alphabetical order and the authors name. It is named after
When competition prices in a predatory manner or promotes heavily to get rid of their rivals.
Slang term used when a company issues more dividends payment with a previous payment.
An evolving area or law that is applies to computers and the various activities over the internet and networks.
The scientific use of man made systems and natural elements that is made to reproduce itself. It is similar to general systems theory. The communication and control feedback system is the focus
An invoice practice where credit customers ar billed daily instead of monthly.
Inventory practice where the stock is checked on a regular basis. Each item is counted once in an accounting period. A fast moving or expensive item is inventoried more than less popular
The machine cycles per minute that do not necessarily represent its speed.