Tag: costs
Manifest Variable
DefinitionIn statistics, observable variable or observable quantity, as opposed to latent variable, is a variable that can be observed and directly measured. Manifest Variable...
Make-Or-Buy Decision
What is a 'Make-Or-Buy Decision' A make-or-buy decision is the act of choosing between manufacturing a product in-house or purchasing it from...
Abatement Costs
What is 'Abatement Cost' A cost borne by many businesses for the removal and/or reduction of an undesirable item that they have...
Absorption Costing
DefinitionTotal absorption costing is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just...
Absenteeism
DefinitionAbsenteeism is a habitual pattern of absence from a duty or obligation without good reason. Generally, absenteeism is unplanned absences. Absenteeism has been viewed...
Annual Percentage Rate
DefinitionThe term annual percentage rate of charge, corresponding sometimes to a nominal APR and sometimes to an effective APR, is the interest rate for...
Accelerated Benefits
What is 'Accelerated Benefits' A clause in certain life insurance policies that enables the policy holder to receive the benefits before death....
Abnormal Spoilage
What is 'Abnormal Spoilage' The waste or wrecking of inventory beyond what is expected in normal business processes. Abnormal spoilage can be...
Above The Line Deduction
DefinitionIn the United States tax law, an above-the-line deduction is a deduction that the Internal Revenue Service allows a taxpayer to subtract from his...
Above Ground Risk
What is 'Above Ground Risk' Non-quantifiable risks that can adversely affect a project or investment. Above ground risk is generally used in...