Financial services

Financial services

Related to any service provided by the finance industry, which encompasses a broad range of organisations that deal with the management of money.

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Financial services > Finance

cashflow

Financial services; Finance

The movement of cash in and out of a business from day-to-day direct trading and other non-trading or indirect effects, such as capital expenditure, tax and dividend payments.

cash flow statement

Financial services; Finance

One of the three essential reporting and measurement systems for any company. The cashflow statement provides a third perspective alongside the Profit and Loss account and Balance ...

cost of debt ratio (average cost of debt ratio)

Financial services; Finance

Despite the different variations used for this term (cost of debt, cost of debt ratio, average cost of debt ratio, etc) the term normally and simply refers to the interest expense ...

current assets

Financial services; Finance

Cash and anything that is expected to be converted into cash within twelve months of the balance sheet date.

act of god bond

Financial services; Finance

A bond issued by an insurance company, linking principal and interest to a company's losses due to natural disasters. Act of God bonds are issued by insurers to protect against ...

accelerated depreciation

Financial services; Finance

It refers to any one of several methods by which a company, for 'financial accounting' or tax purposes, depreciates a fixed asset in such a way that the amount of depreciation ...