Tag: purposes

Half-Year Convention For Depreciation

Half-Year Convention For Depreciation What is the 'Half-Year Convention For Depreciation' The half-year convention for depreciation is the depreciation schedule that treats...

Incentive Stock Option (ISO)

Incentive Stock Option (ISO) What is an 'Incentive Stock Option - ISO' An incentive stock option (ISO) is a type of employee...

Nationally Recognized Statistical Ratings Organization (NRSRO)

Nationally Recognized Statistical Ratings Organization (NRSRO) What is 'Nationally Recognized Statistical Ratings Organization - NRSRO' The formal term to describe credit rating...

Accelerated Depreciation

DefinitionAccelerated depreciation refers to any one of several methods by which a company, for 'financial accounting' or tax purposes, depreciates a fixed asset in...

Accelerated Cost Recovery System (ACRS)

Accelerated Cost Recovery System (ACRS) What is 'Accelerated Cost Recovery System - ACRS' A system of depreciation introduced by the Economic Recovery...

Canadian Income Trust

Canadian Income Trust What is 'Canadian Income Trust' A type of corporate structure as designated by the Canada Revenue Agency that operates...

Canadian Originated Preferred Securities (COPrS)

Canadian Originated Preferred Securities (COPrS) What is 'Canadian Originated Preferred Securities - COPrS' A long-term subordinated debt instrument issued in Canada. COPrS...

Parsonage Allowance

Parsonage Allowance What is 'Parsonage Allowance' An allowance designated by a church or other organization for its church professionals (clergy) for the...

Qualified Disclaimer

Qualified Disclaimer What is 'Qualified Disclaimer' A refusal to accept property that meets with provisions set forth in the Internal Revenue Code...

Qualified Personal Residence Trust (QPRT )

Qualified Personal Residence Trust (QPRT ) What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows...

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