Tag: business

General Ledger

DefinitionA general ledger contains all the accounts for recording transactions relating to a company's assets, liabilities, owners' equity, revenue, and expenses. In modern accounting...
general manager

General Manager

Becoming a general manager is no easy task. It takes years of experience and hard work to even be considered for the job. But...

How to Account For Goodwill

When determining how much goodwill a company possesses, there are several factors that must be considered. These factors include the measurement of goodwill, the...

Par Value

DefinitionPar value, in finance and accounting, means stated value or face value. From this come the expressions at par, over par and under par....

Correlation

Financial Correlation basically measures the relationship between the changes occurring in two or more variables at the same time. Correlation plays a major role...

Above Par

What is 'Above Par' A term used to describe the price of a security when it is trading above its face value....
recession

Recession

What is a recession and how does it affect the average person A recession is a period of economic decline in which trade and investment...

Sample

What is a 'Sample' A sample is a subset containing the characteristics of a larger population. Samples are used in statistical testing...

Takeout

DefinitionTake-out or takeout; carry-out; take-away, takeaways, parcel, refer to prepared meals or other food items, purchased at a restaurant, that the purchaser intends to...

Target Return

What is a 'Target Return' A target return is a pricing model that prices a business based on what an investor would...

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