8 Results for Tag: estimated

Impaired Asset

Impaired Asset What is an 'Impaired Asset' An impaired asset is a company's asset that has a market price less than the value listed on the company's balance sheet. Accounts that are likel

National Treatment

DefinitionNational treatment is a principle in international law vital to many treaty regimes. It essentially means treating foreigners and locals equally. Under national treatment, if a sta

Salvage Value

Salvage Value What is a 'Salvage Value' Salvage value is the estimated value that the owner is paid when the item is sold at the end of its useful life. The value is used to determine annu

Variance Inflation Factor

DefinitionIn statistics, the variance inflation factor is the ratio of variance in a model with multiple terms, divided by the variance of a model with one term alone. It quantifies the seve

Fair Market Value Purchase Option

Fair Market Value Purchase Option What is 'Fair Market Value Purchase Option' The right but not the obligation to buy a leased asset at the end of the lease term for a price that represent

Underpayment Penalty

Underpayment Penalty What is 'Underpayment Penalty' A tax penalty enacted on an individual for not paying enough of his or her total estimated tax and withholding. If an individual has an

Tangible Cost

Tangible Cost What is 'Tangible Cost' A quantifiable cost related to an identifiable source or asset. Tangible costs represent expenses arising from such things as purchasing materials, pa


DefinitionThe GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output gap is Y–Y where Y is actual output and Y* i