Mortgage Loan Mortgage loan is a loan to finance the purchase of property, usually with given payment periods and rates of interest. The borrower (mortgagor) gives the…
Payroll Definition Payroll is the sum all financial documents of salaries with an employee, wages, bonus and deductions. Inside accounting, payroll means the total paid for in…
Capital Budgeting Capital Budgeting is the procedure in which a business determines whether projects like building a new plant or buying a long term enterprise are worth…
Capital Expenditure Capital Expenditure are funds as used by a company to buy or upgrade physical assets like property, industrial structures or equipment. Choosing used to take…
Gross Margin Gross Margin is a businesses entire gross sales income subtract its cost regarding products marketed, broken down from the entire gross sales income, expressed like…
Adjusted Gross Income Adjusted Gross Income is a measure of income used to view how much of this income is taxable. Adjusted gross income (AGI) is worked out…
Gross Income Gross Income is a person’s total personal earnings before taking taxes or deductions into consideration. Or a businesses revenue minus expense of goods marketed. Also…
Project Finance Project Finance is the financing of long term infrastructure, industrial projects and also public services based upon a non-recourse as well as limited recourse fiscal…
Nonrecourse Debt Nonrecourse Debt is a kind of loan that can be secured by equity, which is usually property. If the borrower defaults, issuer can catch the…
Matching Principle The matching principle is about the basic underlying in accounting. The matching principle directs a business to report a cost on its income statement in…
Management Assertions Management assertions or monetary statement assertions are classified as the implicit or explicit assertions which the preparer of financial statements (management) is making to it…
Hedge Accounting Hedge Accounting is a method of sales where entries with the ownership of a security and also the opposing hedge are treated together. Hedge accounting…