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12 Results for Tag: procedures

Oil Pollution Act Of 1990

DefinitionThe Oil Pollution Act of 1990 was passed by the 101st United States Congress and signed by President George H. W. Bush. It works to avoid oil spills from vessels and facilities by

Manual Execution

Manual Execution What is 'Manual Execution' A method of trading with the help of a dealer or broker, versus trading automatically. Manual executions tend to be slower than automatic ones,

Real Estate Settlement Procedures Act (RESPA)

Real Estate Settlement Procedures Act (RESPA) What is 'Real Estate Settlement Procedures Act - RESPA' This act was designed to protect potential homeowners and enable them to become more i

Backtesting

DefinitionBacktesting is a term used in modeling to refer to testing a predictive model on historical data. Backtesting is a type of retrodiction, and a special type of cross-validation appl

Fair Credit Billing Act (FCBA)

Fair Credit Billing Act (FCBA) What is the 'Fair Credit Billing Act - FCBA' A federal law designed to protect consumers from unfair credit billing practices. The Fair Credit Billing Act (F

Fixed Assets

DefinitionFixed assets, also known as tangible assets or property, plant and equipment, is a term used in accounting for assets and property that cannot easily be converted into cash. This c

Featherbedding

DefinitionFeatherbedding is the practice of hiring more workers than are needed to perform a given job, or to adopt work procedures which appear pointless, complex and time-consuming merely

Generally Accepted Principles And Practices (GAPP)

Generally Accepted Principles And Practices (GAPP) What is 'Generally Accepted Principles And Practices - GAPP' Standardized business procedures related to the operation of sovereign wealt

Generally Accepted Accounting Principles (GAAP)

Generally Accepted Accounting Principles (GAAP) What are 'Generally Accepted Accounting Principles - GAAP' Generally accepted accounting principles (GAAP) are a common set of accounting pr

Tax Equity And Fiscal Responsibility Act Of 1982 (TEFRA)

Tax Equity And Fiscal Responsibility Act Of 1982 (TEFRA) What is 'Tax Equity And Fiscal Responsibility Act Of 1982 - TEFRA' Federal tax legislation passed in 1982 that modified some aspect
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