Tag: income

Earnings Credit Rate (ECR) What is 'Earnings Credit Rate - ECR' A daily calculation of interest paid on idle funds that reduce...

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

DefinitionA pass-through certificates is an instrument that evidences the ownership of two or more equipment trust certificates. In other words, equipment trust certificates may...

What is 'Land Value Tax - LVT' A tax on the value of a piece of land. Land value tax inherently makes...

What is a 'Leakage' Leakage is a situation in which capital, or income, exits an economy or system rather than remaining within...

What is Last In, First Out (LIFO)? LIFO is an inventory accounting method in which the most recently acquired items are the first ones to...

What is 'Lady Godiva Accounting Principles - LGAP' A theoretical set of accounting principles under which corporations would have to fully disclose...

Definition Laddering is an investment technique that requires investors to purchase multiple financial products with different maturity dates. Laddering What is 'Laddering' The promotion of inflated pre-IPO prices...

Being a landlord can be a very profitable business venture, but it also comes with a lot of responsibility. In this blog post, we...

What is 'Lambda' The ratio of the percentage change in an option contract's price to the percentage change in the option's underlying price. Lambda is...