What is 'Abandonment' Abandonment is the act of surrendering a claim to, or interest in, a particular asset. In securities, abandonment is the permitted withdrawal from a forward contract that is made for the purchase of deliverable...
What is 'Absorbed Account' An account that has been combined or that has merged with another related account. Accounts are often absorbed into existing accounts as a way of simplifying the accounting process. Once an account has...
DefinitionIn finance, assets under management, sometimes called funds under management, measures the total market value of all the financial assets which a financial institution such as a mutual fund, venture capital firm, or brokerage house manages on behalf of...
DefinitionThe Academy of Accounting Historians, established in 1973, is a non-profit organization of scholars of accounting history. Academy of Accounting Historians What is 'Academy of Accounting Historians' A nonprofit organization that researches how accounting principles and rules...
DefinitionA property abstract is a collection of legal documents that chronicle transactions associated with a particular parcel of land. Generally included are references to deeds, mortgages, wills, probate records, court litigations, and tax sales—basically, any legal document that affects...
What is an 'Absolute Value' An absolute value is a business valuation method that uses discounted cash flow analysis to determine a company's financial worth. The absolute value method differs from the relative value models that examine...
What is 'Abandoned Property' Assets such as cash, stocks, bonds, mutual funds, uncashed checks, land, life insurance policies and the contents of safe deposit boxes that have been turned over to the state after several years of...
Abandonment and salvage are two ways to deal with property. Abandonment is the process of giving up a property, while salvage is the process of taking control of a property. Both have benefits and drawbacks that must be considered...
What is 'Above Water' 1. Refers to the condition of a company's asset when its actual value is higher than the book value used in its financials. Explaining 'Above Water' 1. Generally, the book value...
What are accelerated payments and how do they work
Accelerated payments are payments that are made before the scheduled due date. They are often used to pay off debts or to make large purchases. accelerated payments can be made by...