Tag: total
Off Balance Sheet (OBS)
What is an 'Off Balance Sheet - OBS' Off balance sheet (OBS) items refer to assets or liabilities that do not appear...
Backorder Costs
What is 'Backorder Costs' A cost incurred by a business when it is unable to fill an order and must complete it...
Joint And Several Liability
DefinitionWhere two or more persons are liable in respect of the same liability, in most common law legal systems they may either be... Joint...
Joint Credit
What is 'Joint Credit' Credit issued to two or more people based on their combined incomes, assets and credit histories. Joint credit...
Job Openings and Labor Turnover Survey (JOLTS)
What is 'Job Openings and Labor Turnover Survey - JOLTS' A survey done by the United States Bureau of Labor Statistics to...
Jobless Claims
DefinitionInitial Jobless Claims is a report issued by the U.S. Department of Labor on a weekly basis. The employment situation is extremely important for...
Oil Initially In Place (OIIP)
What is 'Oil Initially In Place - OIIP' The amount of crude first estimated to be in a reservoir. Oil initially in...
Bad Debt Expense
What is a 'Bad Debt Expense' Bad debt expense represents the amount of uncollectible accounts receivable that occurs in a given period....
Variable Cost Ratio
What is the 'Variable Cost Ratio' The variable cost ratio is an expression of a company's variable production costs as a percentage...
Layoff
DefinitionA layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees for business reasons,...