Tag: definition
Weighted Average Cost Of Capital – WACC
DefinitionThe weighted average cost of capital is the rate that a company is expected to pay on average to all its security holders to...
National Bank Surveillance System
DefinitionThe National Bank Surveillance System is a computerized, off-site monitoring system developed by the U.S. Office of the Comptroller of the Currency "to assist...
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...
Real Estate Operating Company (REOC)
What is ‘Real Estate Operating Company – REOC'
A company that invests in real estate and whose shares trade on a public exchange. A real...
Idle Funds
What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...
Named Perils Insurance Policy
What is 'Named Perils Insurance Policy' A home insurance policy that only provides coverage on losses incurred to your property from hazards...
Bailee
DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...
Canadian Institute Of Chartered Accountants (CICA)
What is 'Canadian Institute Of Chartered Accountants - CICA' A non-profit organization for accounting professionals in Canada. CICA has developed GAAP (generally...
Hard Money Loan
DefinitionA hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money...
Calmar Ratio
DefinitionCalmar ratio is a performance measurement used to evaluate Commodity Trading Advisors and hedge funds. It was created by Terry W. Young and first...