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| This dictionary contains: 24549 financial terms |
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Abusive tax shelter
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Abusive tax shelterA limited partnership that the IRS judges to be claiming tax deductions illegally.
RELATED TERMS--------------------------------------
Partnership
A business run collectively by two or more individuals, who share risks and profits.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Absolute advantage
A person, company or country has an absolute advantage if its output per unit of input of all goods and services produced is higher than that of another person, company or country.
Absolute form of purchasing power parity
A theory that prices of products of two different countries should be equal when measured by a common currency.
Absolute physical life
The period of use after which an asset has deteriorated to such an extent that it can no longer be used.
Absolute priority
Rule in bankruptcy proceedings requiring senior creditors to be paid in full before junior creditors receive any payment.
Absorbed
Used in context of general equities. Securities are "absorbed" as long as there are corresponding orders to buy and sell.
Abusive tax shelter
ACATS
Is the Automated Customer Account Transfer Service.
Accelerated cost recovery system (ACRS)
Schedule of depreciation rates allowed for tax purposes.
Accelerated depreciation
Is an accounting technique which provides larger than straight-line depreciation amounts in the early years and smaller than straight-line depreciation amounts in the later years.
Acceleration clause
A contract stating that the unpaid balance becomes due and payable if specific actions transpire.
Acceptance
The writing of the word 'accepted' on the face of a bill of exchange by the drawee together with his/her signature indicating that the bill will be paid when due.
RELATED TERMS--------------------------------------
Partnership
A business run collectively by two or more individuals, who share risks and profits.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Absolute advantage
A person, company or country has an absolute advantage if its output per unit of input of all goods and services produced is higher than that of another person, company or country.
Absolute form of purchasing power parity
A theory that prices of products of two different countries should be equal when measured by a common currency.
Absolute physical life
The period of use after which an asset has deteriorated to such an extent that it can no longer be used.
Absolute priority
Rule in bankruptcy proceedings requiring senior creditors to be paid in full before junior creditors receive any payment.
Absorbed
Used in context of general equities. Securities are "absorbed" as long as there are corresponding orders to buy and sell.
Abusive tax shelter
ACATS
Is the Automated Customer Account Transfer Service.
Accelerated cost recovery system (ACRS)
Schedule of depreciation rates allowed for tax purposes.
Accelerated depreciation
Is an accounting technique which provides larger than straight-line depreciation amounts in the early years and smaller than straight-line depreciation amounts in the later years.
Acceleration clause
A contract stating that the unpaid balance becomes due and payable if specific actions transpire.
Acceptance
The writing of the word 'accepted' on the face of a bill of exchange by the drawee together with his/her signature indicating that the bill will be paid when due.
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This dictionary contains 24549 terms.
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