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General accounting

Use this category for general accounting terms.

Contributors in General accounting

General accounting

capital

Accounting; General accounting

An amount of finance provided to enable a business to acquire assets and sustain its operations.

acquisition

Accounting; General accounting

An acquisition takes place where one company – the acquirer – acquires control of another – the acquiree – usually through purchase of shares.

American Stock Exchange

Accounting; General accounting

The second largest stock exchange in the United States, located in the financial district of New York City.

balance sheet

Accounting; General accounting

A statement of the financial position of an entity showing assets, liabilities and ownership interest.

basis point

Accounting; General accounting

Smallest measure of quoting the yield on a bond, note, or other debt instrument. One basis point is equal to one hundredth of one percent (0.01%): one percent of a yield equals 100 basis points. For ...

amortization

Accounting; General accounting

Systematic reduction of the asset's carrying value on the books. Expense that applies to intangibles in the same way depreciation applies to plant assets and depletion to natural resources.

annual report

Accounting; General accounting

A document produced each year by limited liability companies containing the accounting information required by law. Larger companies also provide information and pictures of the activities of the ...

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