4 Results for Tag: indirect

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 the costs of materials and labour

Back Door Listing

Back Door Listing What is 'Back Door Listing' A strategy of going public used by a company that fails to meet the criteria for listing on a stock exchange. To get onto the exchange, the co

Water Exclusion Clause

Water Exclusion Clause What is 'Water Exclusion Clause ' A restriction in a homeowner's or renter's insurance policy that denies coverage for certain water-related claims. Types of water

Passive Foreign Investment Company (PFIC)

Passive Foreign Investment Company (PFIC) What is a 'Passive Foreign Investment Company - PFIC' A passive foreign investment company (PFIC) is a foreign-based corporation that exhibits eit