Oxford Index Browse

You are looking at 1-10 of 653 items for:

Economics x Accounting x clear all

A & M trust

Overview page. Subjects: Financial Institutions and Services — Accounting.

Abbreviation for accumulation and maintenance trust. See discretionary trust; *18–25 trust.

See overview in Oxford Index

ABMTN

Overview page. Subjects: Financial Institutions and Services — Accounting.

Abbreviation for asset-backed medium-term note.

See overview in Oxford Index

accelerated Cost Recovery System

Overview page. Subjects: Economics — Accounting.

In the USA, a system of depreciation designed to encourage capital investment by businesses. It permits a quicker recovery of an asset’s cost to provide higher tax benefits in the earlier...

See overview in Oxford Index

account payee only

Overview page. Subjects: Financial Institutions and Services — Accounting.

Words printed between two vertical lines in the centre of a UK cheque that, in accordance with the Cheque Act 1992, make the cheque non-transferable. This is to avoid cheques being endorsed...

See overview in Oxford Index

account reconciliation

Overview page. Subjects: Financial Institutions and Services — Accounting.

1 A procedure for confirming that the balance in a chequebook matches the corresponding bank statement. This is normally done by preparing a bank reconciliation statement.

null...

See overview in Oxford Index

accountability

Overview page. Subjects: Financial Institutions and Services — Accounting.

An obligation to give an account. For limited companies, it is assumed that the directors of the company are accountable to the shareholders and that this responsibility is discharged, in...

See overview in Oxford Index

accountant

Overview page. Subjects: Financial Institutions and Services — Accounting.

A person who has passed the accountancy examinations of one of the recognized accountancy bodies and completed the required work experience. Each of the bodies varies in the way they train...

See overview in Oxford Index

accounting concepts

Overview page. Subjects: Financial Institutions and Services — Accounting.

The basic theoretical ideas devised to support the activity of accounting. As accounting developed largely from a practical base, it has been argued that it lacks a theoretical framework....

See overview in Oxford Index

accounting rate of return

Overview page. Subjects: Financial Institutions and Services — Accounting.

(ARR).

Method of evaluating the profitability of a project or firm based on accounting numbers (cf. discounted cash flow; internal rate of return; net present value). It is the...

See overview in Oxford Index

accounting ratio

Overview page. Subjects: Financial Institutions and Services — Accounting.

A ratio calculated from two or more figures taken from the financial statements of a company in order to provide an indication of the financial performance and position of that company....

See overview in Oxford Index