Academy of Accounting Historians

DefinitionThe Academy of Accounting Historians, established in 1973, is a non-profit organization of scholars of accounting history. Academy of Accounting Historians What is...

Abstract Of Title

DefinitionA property abstract is a collection of legal documents that chronicle transactions associated with a particular parcel of land. Generally included are references to...

Absolute Value

What is an 'Absolute Value' An absolute value is a business valuation method that uses discounted cash flow analysis to determine a...

Abandoned Property

What is 'Abandoned Property' Assets such as cash, stocks, bonds, mutual funds, uncashed checks, land, life insurance policies and the contents of...
Abandonment and salvage

Abandonment And Salvage

Abandonment and salvage are two ways to deal with property. Abandonment is the process of giving up a property, while salvage is the process...

Above Water

What is 'Above Water' 1. Refers to the condition of a company's asset when its actual value is higher than the book...
Accelerated payments

Accelerated Payments

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...

Abatement

What is 'Abatement' Abatement is a reduction in the level of taxation faced by an individual or company. Examples of an abatement...

Absolute Auction

What is 'Absolute Auction' A type of auction where the sale is awarded to the highest bidder. Absolute auctions do not have...

Abandonment Clause

What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost...