Tag: fiscal
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....
Last Fiscal Year (LFY)
What is 'Last Fiscal Year - LFY' The most recent 12-month accounting period that a business uses when determining its annual financial...
Earmarking
What is 'Earmarking' Earmaking consists of funds (or capital) that are set aside to pay for a specific project or event. In...
Economic Integration
DefinitionEconomic integration is the unification of economic policies between different states through the partial or full abolition of tariff and non-tariff restrictions on trade...
Year-End Bonus
What is 'Year-End Bonus' A reward paid to an employee at the end of the year. Many year-end bonuses are tied to...
GDP Gap
DefinitionThe GDP gap or the output gap is the difference between actual GDP or actual output and potential GDP. The calculation for the output...
Paid-Up
What is 'Paid-Up' The state of a settlement when all payment obligations for a security have been completed in a customer account....
S&P Phenomenon
What is 'S&P Phenomenon' The tendency for a stock that has been recently added to the S&P composite index to experience a...
C-Note – What is a C Note Money
What does a C note mean and where does the term come from
A C-note is a common slang term for a $100 bill. The...