Tag: budget

What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...

The term security in common usage denotes safety; however in financial parlance the term is taken to refer to a tradable financial asset. In fact this...

DefinitionFeatherbedding is the practice of hiring more workers than are needed to perform a given job, or to adopt work procedures which appear pointless,...

What is 'Federal Agencies' Special government organizations set up for a specific purpose such as the management of resources, financial oversight of...

What is 'War Babies' A name given to securities in companies that are defense contractors. These securities are called war babies because...

What is 'General Public Distribution' A type of primary market offering in which the securities being issued are available to anyone who...

What is 'Gather In The Stops' A trading strategy of driving down a stock's price by selling large amounts of stock in...

What are 'General Provisions' General provisions are balance sheet items representing funds set aside by a company as assets to pay for anticipated future losses....

DefinitionGenerational accounting is a method of measuring the fiscal burdens facing today's and tomorrow's children. Laurence Kotlikoff's individual and co-authored work on the relativity...

What is 'Tax Drag' The reduction of potential income due to taxes. Drag describes the loss in returns owing to taxation, usually...