Advance Directive
Definition for: Advance DirectiveAn "advance directive" is a form of legal document expressing a person's wishes about medical care decisions in the event he or she is unable to make such decisions....
View ArticleAdjustable-Rate Preferred Stock
Definition for: Adjustable-Rate Preferred Stock"Adjustable-rate preferred stock" is a preferred stock whose dividend changes according to changes in an established index or other benchmark.
View ArticleAdjusted Gross Income
Definition for: Adjusted Gross Income"Adjusted gross income" is a tax term used to determine how much income is taxable. Adjusted gross income is gross income less certain allowable deductions.
View ArticleAdvance Refunding
Definition for: Advance RefundingAn "advance refunding" is a financing structure under which new municipal or government bonds are issued to repay an outstanding bond issue prior to its first...
View ArticleAcquisition
Definition for: AcquisitionAn "acquisition" is when one firm or a company buys another company. This is often referred to as a "Merger" or an "M & A Transaction." An acquisition can be through a...
View ArticleActuarial Risk
Definition for: Actuarial Risk"Actuarial risk" is the risk that the assumptions employed by an actuary to calculate the cost or price of a specific insurance policy or coverage may prove to be...
View ArticleAcquisition Agreement
Definition for: Acquisition AgreementAn "Acquisition Agreement" is a contract where one party is buying the assets or stock of another business. These are sometimes referred to as "Business Purchase...
View ArticleAd Valorem Tax
Definition for: Ad Valorem TaxAn "ad valorem tax" is a tax based on the value (or assessed value) of property.
View ArticleAcquisition Cost
Definition for: Acquisition Cost"Acquisition cost" is the expense undertaken to acquire equipment, real property or other assets.
View ArticleActuary
Definition for: ActuaryAn "actuary" is a professional in pension and life insurance matters, experienced in math, statistical and accounting methods . An actuary is typically employed by an insurance...
View ArticleACH
Definition for: ACH"ACH" stands for Automated Clearing House and is the national network that allows for transferring funds electronically between financial institutions, companies and individuals....
View ArticleAcquirer
Definition for: AcquirerA firm or company that is acquiring a company. . Also see "Merger", "M&A Transaction" and "Acquisition".
View ArticleAcquiree
Definition for: Acquiree"Acquiree" refers to a target company being acquired. Also see "Merger" , "M&A Transaction" and "Acquisition".
View ArticleAccrual Basis
Definition for: Accrual Basis"Accrual basis" refers to an accounting method in which expenses and income are accounted for as they are earned or incurred, whether or not they have been received or...
View ArticleAccretion
Definition for: AccretionIn reference to discount bonds, "accretion" is a straight-line accumulation of capital gains on a discount bond in anticipation of receipt of par (or face value of the bonds)...
View ArticleAccrued Interest
Definition for: Accrued Interest"Accrued interest" is interest on a loan obligation that has been earned but not yet paid.
View ArticleAccountant
Definition for: AccountantAn "accountant" is an individual or firm that generally prepares, audits, and/or inspects the financial records of individuals and businesses and prepares financial reports...
View ArticleAccrued Market Discount
Definition for: Accrued Market Discount"Accrued market discount" is the gain in the value of a discount bond expected from holding it as it reaches maturity.
View ArticleAccrual Accounting Method
Definition for: Accrual Accounting Method"Accrual accounting" is an accounting method that tries to match the recognition of revenues earned with the expenses incurred in generating those revenues. It...
View ArticleAcceleration Clause
Definition for: Acceleration ClauseAn "acceleration clause" is a contractual provision stating that the unpaid balance becomes due and payable under certain conditions, such as failure to make...
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