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Perquisites
PerquisitesPersonal benefits, including direct benefits, such as the use of a firm car or expense account for personal business, and indirect benefits, such as up-to-date office decoration. RELATED TERMS-------------------------------------- Firm 1) Refers to an order to buy or sell that can be executed without confirmation for some fixed period. 2) A synonym for company. Expense Expense refers to the amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures). 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. SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT TERMS-------------------------------------- Perpendicular spread Option strategy involving the purchase of options with similar expiration dates and different exercise prices. Perpetual bond Nonredeemable bond with no maturity date that pays regular interest rates indefinitely. Perpetual inventory Recordkeeping system in which book inventory is updated daily. Perpetual warrants Warrants that have no expiration date. Perpetuity A constant stream of identical cash flows without end, such as a British consol. Perquisites Personal article floater Insurance policy attachment designed to cover specified personal valuables. Personal consumption expenditures A measure of price changes in consumer goods and services. Personal equity plan An investment plan in the U.K. that used to allow people over the age of 18 to invest in shares of U.K. companies. Personal exemption Amount of money a taxpayer can exclude from personal income for each member of the household in calculation of a tax obligation. Personal finance Financial planning for individuals. We thank you for using the Financial Dictionary to search for Perquisites. If you have a better definition for Perquisites than the one presented here, please let us know by making use of the suggest a term option. This definition of Perquisites may be disputed by other professionals. Our attempt is to provide easy definitions on Perquisites and any other medical topic for the public at large.
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