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 

• UNRECOGNIZED INITIAL NET GAIN
  
  The current unamortized balance, as of the financial statement date, of the off-balance sheet asset for the initial transition asset in a defined benefit pension plan. FAS 87 requires that this amount be disclosed in a footnote to the financial statements. See transition asset.
  
  Back