Tag: accounting

What is an 'Underlying Profit' An underlying profit describes an actual reflection of a company's profit. The underlying profit is not the...

Definition The UCLA Anderson School of Management is the graduate business school at the University of California, Los Angeles, one of eleven professional schools. The...

What is an unaudited opinion An unaudited opinion is a statement from an auditor that expresses whether or not financial statements are free of material...

What is an 'Underlying Asset' An underlying asset is the security or commodity underlying a Derivative. The most common type of derivative is a futures...

What are 'Mandatorily Redeemable Shares' Mandatorily redeemable shares are shares owned by an individual or entity which are required to be redeemed for cash or...

An uncovered option is a type of option contract that is not hedged by an opposite position in the underlying security. This leaves the...

What is an unconsolidated subsidiary An unconsolidated subsidiary is a subsidiary in which the parent company does not include the subsidiary's financials in its consolidated...

What is 'Abandonment Value' The value of a project or asset if it were immediately liquidated or sold. The abandonment value of...

What is 'Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and Exploration Expenses - EBITDAX' Earnings before interest, taxes, depreciation, depletion, amortization and...

DefinitionEconomic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally...