Hart-Scott-Rodino Antitrust Improvements Act Of 1976 What is 'Hart-Scott-Rodino Antitrust Improvements Act Of 1976' A U.S. law enacted by President Ford that requires large companies to fi

Handelsgesetzbuch (HGB) What is 'Handelsgesetzbuch - HGB' A law that governs the primary commercial code for companies in Germany. Included in the law is regulation related to the preparat

Impaired Asset What is an 'Impaired Asset' An impaired asset is a company's asset that has a market price less than the value listed on the company's balance sheet. Accounts that are likel

Impaired Capital What is 'Impaired Capital' 1. When a bank's actual assets are worth less than their stated value. When a bank has impaired capital, this capital can be liquidated if the b

Management Investment Company What is 'Management Investment Company' A formal name for a company that sells and manages a portfolio of securities. A management investment company is one o

DefinitionManagement Audit is a systematic examination of decisions and actions of the management to analyse the performance. Management audit involves the review of managerial aspects like

Management Discussion and Analysis (MD&A) What is the 'Management Discussion and Analysis - MD&A' Management discussion and analysis (MD&A) is the section of a company's annual report

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

Abandoned Property What is 'Abandoned Property' Assets such as cash, stocks, bonds, mutual funds, uncashed checks, land, life insurance policies and the contents of safe deposit boxes that

Real-Time Trade Reporting What is 'Real-Time Trade Reporting' A requirement imposed on market makers (and in some instances, non market makers) to report each trade immediately after the t