This method of depreciaition helps companies to recover costs faster than through traditional straight line depreciation . Advantages of accelerated depcreiation including quicker recovery of cost and lower taxes.
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ACCELERATED DEPRECIATION
Computing depreciation rates faster than the straight line option. The two methods are declining balance or taking the sum of the years digits as the depreciation rate . This results […]
ACCELERATED OPTION
A clause in life insurance policy that allows a lump sum payment .
ACCELERATED TARIFF ELIMINATION
A free trade move that allows tariffs to be reduced or even eliminated.
ACCELERATION
Acceleration can occur if one party breaches a contract or a term of a contract. Full payment or accelerated payment of a credit account may be required immediately .
ACCELERATION CLAUSE
A clause written into financial agreements that allows the lender to demand a full payment at any time. This is only done when the payer does not pay. It is […]
ACCELERATION LIFE INSURANCE
A policy that pays 25 percent of death benefits in the case of a medical emergency.
ACCELERATION PRINCIPLE
A concept that states that any fluctuation in demand of a good will also change the amount of wear and tear on the machinery required to make the good. This […]
ACCELERATION REQUEST
A request to increase the speed of production or product delivery. Only a client or a member of management can request this. It is also called an expedition request.
ACCELERATOR
A business type that helps start up businesses to gain financial and physical resources. Accelerators may choose to work with businesses who have been rejected by venture capital firms or […]
ACCELERATOR PRINCIPLE
Acceleration principle is an alternate definition to refer to.
ACCEPTABLE DAILY INTAKE (ADI)
This is the maximum amount of any material that a person can be exposed to over their lifetime without being harmed. The ADI is measured in milligrams of the substance, […]
ACCEPTABLE DAILY INTAKE (ADI) NOT SPECIFIED
A FAO-WHO term for a substance with minimal toxicity that is not deemed necessary to be concerned about the exposure.
ACCEPTABLE PRICE RANGE
A buyers realistic expectation of the cost of a product or service. This is based on the quality and benefits expected.
ACCEPTABLE QUALITY LEVEL
The allowable number of defects permitted.
ACCEPTABLE RISK
A level of material and human loss involved in the industrial process.
ACCEPTABLE USE POLICY (AUP)
An acceptable use policy placed on computers and their associated resources. It requires the user to stay in their secure area, the user is held accountable for what they do, […]
ACCEPTANCE
1. Agreements: Two parties agree to the terms of a contract. If it is denied a counter off is made until the agreement is reached. Upon agreement the contract is […]
ACCEPTANCE CREDIT
When a bank sets up a credit facility for a creditworthy importer. The exporter can use the account. This is also called acceptance financing .
ACCEPTANCE CRITERIA
A way of accessing the ability of an item to perform its function.
ACCEPTANCE FEE
A commission charged by a bank for taking on the legal obligation of bill paying. The importer has no say in this matter.
ACCEPTANCE FINANCING
See the definition for acceptance credit for further clarification.
ACCEPTANCE FOR HONOR
When a third party agrees to pay an unpaid debt. This is also called an acceptance supra protest .
ACCEPTANCE LETTER OF CREDIT (L/C)
This clause does not pay a beneficiary immediately but adds additional paperwork through the bank that takes more time.
ACCEPTANCE MARKET
A short term credit used by exporters to get paid faster. This process occurs when the buyer accepts a bill and converts it into a check that must be paid […]