Tag: accounts
Day Trader
DefinitionA day trader is a trader who adheres to a trading style called day trading. This involves buying and subsequently selling financial instruments within...
Donor Advised Fund
What is a Donor Advised Fund
A donor advised fund (DAF) is a type of charitable giving vehicle established by donors to provide an easy...
Dangling Debit
What is 'Dangling Debit' A debit entry with no offsetting credit entry. Dangling debit occurs when a company purchases goodwill or services...
Uncollected Funds
What is 'Uncollected Funds' The amount of a bank deposit that comes from checks that have yet to be cleared by the...
Undercast
What is 'Undercast' A forecasting error that occurs when estimating items such as future cash flows, performance levels or production. Undercasting produces...
Unadjusted Basis
What is 'Unadjusted Basis' A basis used for depreciation purposes. Unadjusted basis uses the original cost of property or equipment without regard...
Real Gross Domestic Product (GDP)
What is the 'Real Gross Domestic Product (GDP)' Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of...
Unbanked
DefinitionThe unbanked are adults who do not have their own bank accounts. Along with the underbanked, they may rely on alternative financial services for...
Target Cash Balance
What is 'Target Cash Balance' The ideal amount of cash that a company wishes to hold in reserve at any given point...
Certificate of Deposit
DefinitionA certificate of deposit is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and...