Tag: life
Accelerated Cost Recovery System (ACRS)
What is 'Accelerated Cost Recovery System - ACRS' A system of depreciation introduced by the Economic Recovery Tax Act of 1981. ACRS...
Abandonment And Salvage
Abandonment and salvage are two ways to deal with property. Abandonment is the process of giving up a property, while salvage is the process...
Impression
What is 'Impression' A metric used to quantify the display of an advertisement on a web page. Impressions are used in banner...
Rationing
What is rationing and why was it used during World War II
Rationing is a system of limiting the availability of goods or services to...
Ramani Ayer
DefinitionRamani Ayer is an Indian-American business executive, and the CEO and chairman of The Hartford from 1997 to 2009. Ramani Ayer What is...
Saturday Night Special
What is 'Saturday Night Special' An obsolete takeover strategy where one company attempted a takeover of another company by making a sudden...
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...
Back-to-Back Loan
DefinitionA Back-to-back loan is a loan agreement between entities in two countries in which the currencies remain separate but the maturity dates remain fixed....
Lapse
What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a...
Charitable Remainder Trust
What is a Charitable Remainder Trust
A Charitable Remainder Trust, or CRT, is a type of trust that allows the settlor (the person establishing the...