Tag: balance
Last In, First Out (LIFO)
What is Last In, First Out (LIFO)?
LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...
Layaway
DefinitionLayaway is an agreement in which the seller reserves an item for a consumer until the consumer completes all the payments necessary to pay...
Last-Sale Reporting
What is 'Last-Sale Reporting' An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a...
Lady Godiva Accounting Principles (LGAP)
What is 'Lady Godiva Accounting Principles - LGAP' A theoretical set of accounting principles under which corporations would have to fully disclose...
Large Trader
What is 'Large Trader' An investor or organization with trades that are equal to or in excess of certain amounts as specified...
Economic Equilibrium
DefinitionIn economics, economic equilibrium is a state where economic forces such as supply and demand are balanced and in the absence of external influences...
Earning Assets
What is 'Earning Assets' Earning assets are income-producing investments that are owned, or held, by a business, institution or individual. These assets...
Obligor
What is an obligor
An obligor is a legal entity that is obligated to make payments on a debt or other financial obligation. The term...
Zero Balance Account (ZBA)
What is a 'Zero Balance Account - ZBA' A zero balance account (ZBA) is a checking account in which a balance of...
PL Statement
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Financial ratios as a means of forecasting bankruptcy - www.jstor.org Testing...