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Residual Amount of an Asset

The estimated amount that the owner of an asset would earn, in the present, from disposal of that asset, less...

Residual Value of an Asset

The estimated amount that the owner of an asset would earn, in the present, from disposal of that asset, less...

Variable Returns

The returns that are not fixed (by contract or contractual arrangements) and have the potential to vary depending on how...

Control of an Investee

An investor controls an investee when the former has power over the latter. Control is also manifested in the exposure...

Associate

An entity (investee) over which an investor can exercise significant influence (but not control, as is the case with a...

Taking a Bath

One of the methods of creative accounting that constitutes a host of procedures taken by an entity's management to substantially...

Big Bath

One of the methods of creative accounting that constitutes a host of procedures taken by an entity's management to substantially...

Creative Accounting

A set of accounting practices that are meant to show compliance with principles and rules (such as those prescribed by...

Line Item

The distinct title of an accounting entry or account as it appears on its own line in a bookkeeping ledger...

Cost of Services

A cost measure that represents the direct costs of the services provided by a business. For a service company, the...