the definition of financial term
Accrued Benefit
Pension benefit that an employee has earned based on his or her years of service at a company. Accrued benefits are often calculated in relation to the employee's salary scale.
Accrued Expense
An expense that is incurred, but not yet paid for, during a given accounting period.
Accrued Interest
Definition 1
Interest that is due on a bond or other fixed income security since the last interest payment was made. This often occurs for bonds purchased on the secondary market, since bonds usually pay interest every six months, but the interest is accrued by the bondholders on a day-to-day basis. When a bond is sold, the buyer pays the seller the market price plus the accrued interest, for which the buyer will be reimbursed when the issuer pays next pays interest. Accrued interest is calculated on a 30-day month/360-day year for corporate bonds and municipal bonds, and on actual-calendar-days for Government bonds. Income bonds and bonds in default trade without accrued interest. When calculating accrued interest on a bond that is being sold, it is conventional to consider the time period from the most recent payment up to, but not including, the date on which the bond sale is settled.
Definition 2
Interest that a company owes, a current liability on the balance sheet.
Goodwill
An intangible asset which provides a competitive advantage, such as a strong brand, reputation, or high employee morale. In an acquisition, goodwill appears on the balance sheet of the acquirer in the amount by which the purchase price exceeds the net tangible assets of the acquired company.
Note
Definition 1
A short-term debt security, usually with a maturity of five years or less.
Definition 2 A legal document that obligates a borrower to repay a mortgage loan at a specified interest rate during a specified period of time or on demand; here also called promissory note.
Retained earning
Earnings not paid out as dividends but instead reinvested in the core business or used to pay off debt. also called earned surplus or accumulated earnings or unappropriated profit.
the definition is copy from the www.investorwords.com
Pension benefit that an employee has earned based on his or her years of service at a company. Accrued benefits are often calculated in relation to the employee's salary scale.
Accrued Expense
An expense that is incurred, but not yet paid for, during a given accounting period.
Accrued Interest
Definition 1
Interest that is due on a bond or other fixed income security since the last interest payment was made. This often occurs for bonds purchased on the secondary market, since bonds usually pay interest every six months, but the interest is accrued by the bondholders on a day-to-day basis. When a bond is sold, the buyer pays the seller the market price plus the accrued interest, for which the buyer will be reimbursed when the issuer pays next pays interest. Accrued interest is calculated on a 30-day month/360-day year for corporate bonds and municipal bonds, and on actual-calendar-days for Government bonds. Income bonds and bonds in default trade without accrued interest. When calculating accrued interest on a bond that is being sold, it is conventional to consider the time period from the most recent payment up to, but not including, the date on which the bond sale is settled.
Definition 2
Interest that a company owes, a current liability on the balance sheet.
Goodwill
An intangible asset which provides a competitive advantage, such as a strong brand, reputation, or high employee morale. In an acquisition, goodwill appears on the balance sheet of the acquirer in the amount by which the purchase price exceeds the net tangible assets of the acquired company.
Note
Definition 1
A short-term debt security, usually with a maturity of five years or less.
Definition 2 A legal document that obligates a borrower to repay a mortgage loan at a specified interest rate during a specified period of time or on demand; here also called promissory note.
Retained earning
Earnings not paid out as dividends but instead reinvested in the core business or used to pay off debt. also called earned surplus or accumulated earnings or unappropriated profit.
the definition is copy from the www.investorwords.com
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