Tag: report
Cancellation Of Debt (COD)
What is Cancellation of Debt (COD)?
Cancellation of debt (COD) is the forgiveness of debt. This can occur when a lender agrees to cancel all...
Participating Policy
DefinitionA with-profits policy or participating policy is an insurance contract that participates in the profits of a life insurance company. The company is often...
Patent Cliff
DefinitionThe term patent cliff refers to the phenomenon of patent expiration dates and an abrupt drop in sales that follows for a group of...
Impose
What is 'Impose' The act of placing a fee, levy, tax or charge on an asset or transaction to the detriment of...
National Bank
What is a 'National Bank' A national bank, in the United States, is a commercial bank chartered by the comptroller of the...
Profit and Loss Statement
DefinitionAn income statement or profit and loss account is one of the financial statements of a company and shows the company's revenues and expenses...
Qualified Opinion
What is a 'Qualified Opinion'
A qualified opinion is a statement issued after an audit is done by a professional auditor that suggests the information...
Quarterly Services Survey
Quarterly Services Survey What is 'Quarterly Services Survey ' A survey produced quarterly by the Census Bureau that provides estimates of...
Qualifying Disposition
What is 'Qualifying Disposition' A sale, transfer or exchange of stock obtained through a qualified stock option incentive plan, namely incentive stock...
Qualified Disclaimer
What is 'Qualified Disclaimer' A refusal to accept property that meets with provisions set forth in the Internal Revenue Code Tax Reform...