Tag: total

Bad Debt Reserve

What is 'Bad Debt Reserve' An account set aside by a company to account for and offset losses that arise as a...

Balance Of Trade (BOT)

What is 'Balance Of Trade - BOT' The balance of trade (BOT) is the difference between a country's imports and its exports...

Balance Sheet Reserves

What are 'Balance Sheet Reserves' Balance sheet reserves refer to the amount expressed as a liability on the insurance company's balance sheet...

Cost basis

DefinitionBasis, as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold,...

Cashflow

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for AccessibilityCash flow analysis Cash flows are often transformed into measures that give information e.g. on...
Canada Pension Plan

Canada Pension Plan (CPP)

What is the Canada Pension Plan (CPP)? The Canada Pension Plan (CPP) is a government-sponsored retirement savings program. It is a defined benefit pension plan,...
Cancellation of debt

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...

Net Asset Value

DefinitionNet asset value is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds,...

Partial Redemption

What is 'Partial Redemption' An investment-transaction classification that refers to the withdrawal of a portion of a security's value by the owner....

Past Due Balance Method

What is 'Past Due Balance Method' A system for calculating interest charges based on any outstanding loan or credit charges that remain...

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