Tag: cash

EBITDA – Earnings Before Interest, Taxes, Depreciation and Amortization

In the increasingly complex economy of the modern day, a measure of growth and production has become necessary for all aspects of market activities....

Call Deposit Account

What is a 'Call Deposit Account' A call deposit account is a bank account for investment funds that offers the advantages of both a savings...

Targeted Amortization Class (TAC)

What is 'Targeted Amortization Class - TAC' A type of credit derivative that is similar to a planned amortization class (PAC) in...

Safe Deposit Box

DefinitionA safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank...

Canadian Investor Protection Fund (CIPF)

What is 'Canadian Investor Protection Fund - CIPF' A Canadian not-for-profit organization set up by the investment industry designed to protect investors...

Idle Funds

What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...

Quick Ratio

DefinitionIn finance, the acid-test or quick ratio or liquidity ratio measures the ability of a company to use its near cash or quick assets...

Time Value of Money

DefinitionThe time value of money is the greater benefit of receiving money now rather than later. It is founded on time preference. Time Value...

Bad Debt Expense

What is a 'Bad Debt Expense' Bad debt expense represents the amount of uncollectible accounts receivable that occurs in a given period....

Equity

Simply put: Equity = Assets – Liabilities However, since there are a number of different types of assets, this definition cannot encompass them all...

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