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Quick Asset

The Different Types of Quick Assets

There are several different types of quick assets. The four main types are Cash on hand, Marketable securities, and Cash equivalents. The following article...

Qualifying Relative

What is 'Qualifying Relative' A federal income tax designation that allows a taxpayer to claim as a dependent someone for whom he...

False Market

What is 'False Market' A market where prices are manipulated and impacted by erroneous information, preventing the efficient negotiation of prices. These...

Walk-Through Test

DefinitionA walk-through test is a procedure under financial audit performed by auditors. Walk-Through Test What is a 'Walk-Through Test' A walk-through test...

Weak Form Efficiency

What is 'Weak Form Efficiency' Weak form efficiency is one of the three different degrees of efficient market hypothesis (EMH); it claims...

General Examination

What is 'General Examination' A regulatory measure set up to give a detailed examination of all aspects of a bank. The examination...

Impairment

What is 'Impairment' Impairment is an accounting principle that describes a permanent reduction in the value of a company's asset, normally a...

Passive Foreign Investment Company (PFIC)

What is a 'Passive Foreign Investment Company - PFIC' A passive foreign investment company (PFIC) is a foreign-based corporation that exhibits either...
January effect

January Effect

What is the January Effect and does it exist The January effect is a theory that posits that stock prices tend to rise at the...

Joint Return

What is 'Joint Return' A U.S. income tax return filed on behalf of a married couple, resulting in a combined tax liability....

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