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FASB No. 52
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FASB No. 52The US accounting standard that replaced FASB No. 8. US companies are required to translate foreign accounts in terms of the current rate and report the changes from currency fluctuations in a cumulative translation adjustment account in the equity section of the balance sheet.
RELATED TERMS--------------------------------------
Foreign
Money that flows offshore and likely never returns. Flight is exacerbated by a lack of confidence as government grows without bounds.
Report
Written or oral confirmation that all or part of one's order has been executed, including the price and size parameters of the trade being reported; often followed by a fresh picture.
Currency
Money. The word currency mainly refers to the name and kind of money issued by each country.
Account
1) In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented. 2) In the context of investment banking, refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate. 3) In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent.
Equity
1) Ownership interest in a firm. 2) The residual dollar value of a futures trading account, assuming its liquidation is at the going trade price. 3) In real estate, dollar difference between what a property could be sold for and debts claimed against it. 4) In a brokerage account, equity equals the value of the account's securities minus any debit balance in a margin account. 5) Shorthand for stock market investments.
SIMILAR TERMS--------------------------------------
FASB No. 8
U.S. accounting standard that requires US firms to translate their foreign affiliates' accounts by the temporal method.
PREVIOUS AND NEXT TERMS--------------------------------------
Fama, Eugene F.
Finance professor at the University of Chicago. Developer of the Efficient Markets Hypothesis.
Family Holding Trust
Interests in real and-or personal property.
Family of funds
Different mutual funds offered by one investment company.
Far month
Used in the context of option or futures to refer to the trading month of the contract that is farthest away.
Farther out, farther in
Used in the context of options to refer to the relative length of option contract maturities.
FASB No. 52
FASB No. 8
U.S. accounting standard that requires US firms to translate their foreign affiliates' accounts by the temporal method.
Fast market
Excessively rapid trading in a specific security that causes a delay in the electronic updating of its last sale and market conditions, particularly in options.
Favorable balance of trade
The value of a nation's exports in excess of the value of its imports.
Favorable trade balance
Condition that total exports of a nation exceed total imports, creating a net export.
Feasible portfolio
A portfolio that an investor can construct, given the assets available.
RELATED TERMS--------------------------------------
Foreign
Money that flows offshore and likely never returns. Flight is exacerbated by a lack of confidence as government grows without bounds.
Report
Written or oral confirmation that all or part of one's order has been executed, including the price and size parameters of the trade being reported; often followed by a fresh picture.
Currency
Money. The word currency mainly refers to the name and kind of money issued by each country.
Account
1) In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented. 2) In the context of investment banking, refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate. 3) In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent.
Equity
1) Ownership interest in a firm. 2) The residual dollar value of a futures trading account, assuming its liquidation is at the going trade price. 3) In real estate, dollar difference between what a property could be sold for and debts claimed against it. 4) In a brokerage account, equity equals the value of the account's securities minus any debit balance in a margin account. 5) Shorthand for stock market investments.
SIMILAR TERMS--------------------------------------
FASB No. 8
U.S. accounting standard that requires US firms to translate their foreign affiliates' accounts by the temporal method.
PREVIOUS AND NEXT TERMS--------------------------------------
Fama, Eugene F.
Finance professor at the University of Chicago. Developer of the Efficient Markets Hypothesis.
Family Holding Trust
Interests in real and-or personal property.
Family of funds
Different mutual funds offered by one investment company.
Far month
Used in the context of option or futures to refer to the trading month of the contract that is farthest away.
Farther out, farther in
Used in the context of options to refer to the relative length of option contract maturities.
FASB No. 52
FASB No. 8
U.S. accounting standard that requires US firms to translate their foreign affiliates' accounts by the temporal method.
Fast market
Excessively rapid trading in a specific security that causes a delay in the electronic updating of its last sale and market conditions, particularly in options.
Favorable balance of trade
The value of a nation's exports in excess of the value of its imports.
Favorable trade balance
Condition that total exports of a nation exceed total imports, creating a net export.
Feasible portfolio
A portfolio that an investor can construct, given the assets available.
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This dictionary contains 24549 terms.
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