The most a charge an increase over a period of time.
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ANNUAL CLEANUP
When the borrower must have a zero balance with the company for 3.060 days. It is not common anymore and is not necessary for a secured line of credit .
ANNUAL DEBT SERVICE
The cash a firm sets aside every year to make payments.
ANNUAL DEPRECIATION
the computation done yearly on the decreasing value of a property that is based on the estimated life of the property.
ANNUAL EARNINGS
The income a business earns in a year. Sometimes income is stated in daily, weekly, monthly, bimonthly, or quarterly reports. AKA yearly earnings.
ANNUAL EARNINGS CHANGE
The earning change a company experiences from one year to the next one. This is due to market fluctuations or a readjustment of last years earnings.
ANNUAL FEE
A fee charged yearly. It is charged no matter what on a credit card.
ANNUAL FIXED RATE
A rate of interest yearly that is applied to an account balance . It is the same for the whole year.
ANNUAL GENERAL MEETING (AGM)
A meeting of all the interested parties of a firm that is required by law yearly. It must occur every 15 months at the latest. Items of busines must be […]
ANNUAL INCOME
Annual income is annual receipts from property. Income means that which comes in or is received from any business, or investment of capital, without reference to the outgoing expenditures. Betts […]
ANNUAL INFLATION SWAP
An OVERTHECOUNTER SWAP involving the exchange of floating (actual) and fixed INFLATION at the end of each annual evaluation period . Annual inflation swaps, which generally reference an inflation index […]
ANNUAL LEAVE
The time an employee can be off work without any consequences. It is paid and can be requested at the employees time of choosing.
ANNUAL MEETING
The term for annual general meeting (AGI) used in the United States
ANNUAL MORTGAGOR STATEMENT
A statement issued yearly for a borrower that covers the principal left and the payments made through the year. It can be used for taxes and for loan status.
ANNUAL PENSION
In Scotch law. A yearly profit or rent.
ANNUAL PERCENTAGE RATE (APR)
A way to quote interest rate on loans. It is done when interest is done nonannually. It incldes all fees and remaining principal. Refer to add on loan.
ANNUAL PERCENTAGE YIELD (APY)
The way compounded interest is quoted on an investment. It assumes a 365 day period.
ANNUAL POLICY
Twelve months of insurance coverage that will be in force until the insured or the insurer decides to update or eliminate the policy.
ANNUAL RECEIPTS
The yearly average of gross profit over three years. It has good sales, sevices, interest, allowances, proceeds on assets, transactions, and taxes withholding .
ANNUAL REPORT
The report that results from a yearly audit for the previous year. Legally required in the US. It has prospects, operations review, balance sheet , income statement, cash flow, and […]
ANNUAL RETURN
1. a yearly report about a firms operations, composition , and position. It mus be done by incorporated and registered firms. Details on this are stock holders, directors, charges against […]
ANNUAL SALES CHANGE
A companies yearly sales change due to market behaviors. Or a readjustment of original sales prices on a statement.
ANNUAL STATEMENT
A financial statement given to the state insurance department by an insurer.
ANNUAL TURNOVER
The remaining value of an investment to carrry into the next year.
ANNUAL USAGE VALUE
The amount of materials used multiplied by how much it costs per unit over one year.