The right that has been established and is backed by a legal authority and can demand a remedy to wrongs that have been committed.

Taxes incurred on income to be paid at the end of an accounting period .

When new employees learn and adjust to corporate culture. Time is needed to get used to the way things work in business.

Estimated present value of a pension assuming retirement when a certain amount is made. It is used to estimate pension liability. Refer to projected benefit obligation .

The loss of value on an asset up to a specific date. When subtracted from the original value the book value is established. It is the expired value of an […]

Any divident due to holders of stock in current period. It is being carried to the next period. It is shown as liabilty on the books until its paid.

A tax that occurs when a company overstates income and profits.

A fund for a nonprofit. Extra income over expenses are added to the fund and payments taken out.

Profits that are yet to be divided, that is , it is earned but not yet distributed.

Tax assessed on profits beyone a limit in regulations unless its deemed justified.

The fund resulting in the undistributed earnings and profits from a corporation or company that is in excess of its capital stock .

The amount invested plus the earned interst rate.

Stock issued to stakeholders instead of a dividend to avoid paying taxes. Capital gains tax must be paid.

Giving profits to a firm instead of giving dividends. Buying commodities but not selling. Adding any substance to any environment that is not eco friendly. Refer to retained earnings .

In marine insurance when the value of goods is increased if shipments accumulate without an insured parties knowing.

LIfe insurance clause that gives dividends growth to cover interest. AKA accumulation at interest point.

The amount of time an insurance policy is complete and no more claims can be made. Or the time when an annuitant makes a payment to the annuity guarantor.

The trust that holds onto income so the capital will increase rather than paying out the income to a beneficiary .

A trust or mutual fund when divident income is reinvested to increase the amount of the total investment.

The additional or second sentence that will go into effect when the first sentence has been completed.

The additional or the second legacy.

The lack of error in accounting. All the values are deemed correct. The range of possible error in engineering . The amount of difference between predicted performance and actual performance. […]

Honestly agreeing and practicing standards of due diligence . Financial statements are verified for correctness. Refer to precise.

The formal charge that is made in court where a person is guilty of a offence that is punishable.

The document that is used to charge a person with a crime.