Recognizing revenues in the period as available and measurable. Recognizing expenditures in the period incurred as an associated liability. This is the method most government accounting follows.

For a specific tax year, one’s adjusted gross income plus any earned tax exempt interest..

To enhance a food’s shelf life, carbon dioxide, nitrogen, and oxygen proportions in a sealed container differ from those in the normal, ambient air. Food-packaging method.

Using data from a particular area for specific medical expenses as a way of establishing the rates.

Macaulay duration adjusted for compounding . Fixed-income financial instrument ‘s price volatility and interest rate sensitivity measure. Like an interest bearing bond, the instrument ‘s value-percentage change for each percentage […]

The post-endowment-period paid amount exceeds the policy’s face value. This contract type is taxable and subject to any post-tax penalties. Either the face value or the cash value, whichever is […]

Each procedure’s actual cost is reimbursed up to the specified maximum in this specific type of process.

A masonry-constructed building with outside walls, roof, and floor surfaces made of fire-resistant materials.

As time goes on the tenant begins to pay more of the property’s expenses in this specific type of real estate lease.

For a period of three to five years the premiums begin lower than normal and stay that way in this type of life insurance policy . Premiums become higher than […]

To alter; to change in incidental or subordinate features. See MODIFICATION .

Proposition that a firm’s capital cost is independent from the capital type employed in an efficient capital market . Debt, ordinary shares or common stock sold, retained dividend earnings, or […]

A proposition that a business’ capital structure change does not necessarily change the business’ total value . A business can finance its operations by debt or withholding share dividend profits, […]

A proposition that a business’s value depends upon three factors: business’ assets return rate, debt-to- equity ratio , and business’s debt cost. Modigliani and Miller Proposition I is further clarified.

The theory that a perfect market should be used to calculate rather than actual market.

Lat A measure. Specifically, a Roman dry measure having a capacity of about 550 cubic inches; but in medieval English law used as au approximate translation of the word “bushel.”

Lat. In manner and form. Words used in the old Latin forms of pleadings by way of traverse, and literally translated in the modern precedents, Importing that the party traversing […]

BOM including available options and their variations for each listed material item.

Contracts dovetailed, sequenced, but separate.

Relatively independent but interlocking components or parts mark how much is a system modularized as a degree.

Not being full-on or full off; changing incrementally.

Electrical signal change process. Carrying information contained in a signal by superimposing the signal’s characteristics onto a carrier wave is an example. Also refer to amplitude modulation and frequency modulation.

1. Stand-alone, standardized or self-contained segment is a part along with other such segments of an educational course or training program . 2. Prefabricated , self-contained, standard unit. Can be […]

1. A complex number’s absolute value. 2. the difference between two given numbers is exactly divided by this number. 3. The logarithm of one base is converted into a logarithm […]

thing invented, made on a reduced scale, In compliance with the patent laws. See State v. Fox, 25 N. J. Law, 5G6; Montana Ore Purchasing Co. v. Roston, etc., Min […]