Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• ACTIVITY BASED COSTING (ABC) - a costing system that identifies the various activities performed in a f...
  
  
• ACTIVITY BASED MANAGEMENT (ABM) - converts Activity Based Costing (ABC) into a system to manage an orga...
  
  
• ACTIVITY DRIVERS - in activity based costing (ABC), activity costs are assigned to outputs using activi...
  
  
• ACTIVITY RATIO - any accounting ratio that measures a firm's ability to convert different accounts with...
  
  
• ACTIVITY RATIOS - Ratios that measure how effectively the firm is using its assets.
  
  
• ACTUAL AGE - As opposed to effective age. The objective age in years of a building measured simply by t...
  
  
• ACTUAL AUTHORITY - With reference to an agent or representative. The limits of the power the agent or r...
  
  
• ACTUAL CASH VALUE - An insurance term, the value of a building calculated by subtracting the decrease i...
  
  
• ACTUAL COST - the amount paid for an asset; not its retail value, market value or insurance value.
  
  
• ACTUAL DAMAGES - Real, substantial and just damages, or the amount awarded to a complainant in compensa...