Above The Line Deduction
DefinitionIn the United States tax law, an above-the-line deduction is a deduction that the Internal Revenue Service allows a taxpayer to subtract from his...
Abnormal Spoilage
What is 'Abnormal Spoilage' The waste or wrecking of inventory beyond what is expected in normal business processes. Abnormal spoilage can be...
Above The Market
What is 'Above The Market' An order to buy or sell at a price set higher than the current market price of...
Ability To Repay
What is 'Ability To Repay' An individual's financial capacity to make good on a debt. Specifically, the phrase "ability to repay" was...
Abandonment
What is 'Abandonment' Abandonment is the act of surrendering a claim to, or interest in, a particular asset. In securities, abandonment is...
Absorbed Account
What is 'Absorbed Account' An account that has been combined or that has merged with another related account. Accounts are often absorbed...
Assets under Management
DefinitionIn finance, assets under management, sometimes called funds under management, measures the total market value of all the financial assets which a financial institution...
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...