Tag: expense

Quitting your job to start something new can be an exciting yet intimidating decision. Before taking that leap of faith, it is essential to...

When driving your vehicle daily your biggest expense tends to be your fuel consumption. With the MG HS being a hybrid that allows drivers to...

What is an 'Impaired Asset' An impaired asset is a company's asset that has a market price less than the value listed...

What is 'Identity Fraud Reimbursement Program' A financial product that offers reimbursment for the costs associated with having been a victim of...

What is 'Ratable Accrual Method' A method for determining when and how much income was earned over a period of time. The...

What is 'Bad Debt Reserve' An account set aside by a company to account for and offset losses that arise as a...

What is bad debt and how does it affect your credit score Most people are familiar with the term "bad debt." Generally, bad debt is...

What is 'Qualified Higher Education Expense' Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay...

What is a Variable Annuity A variable annuity is a type of investment that offers the potential for tax-deferred growth and a death benefit. With...

What is a 'Variable Cost' A variable cost is a corporate expense that varies with production output. Variable costs are those costs...