Biz Terms

Venture capital (commonly abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging...

An adaptive firm is an organization that is able to respond to and address changes in their market, their environment,...

An acquisition cost, also referred to as the cost of acquisition, is the total cost that a company recognizes on...

An acid test is a business’s short-term assets minus accounts receivable and inventory, divided by short-term liabilities. This is a...

Accumulated depreciation is the cumulative depreciation of an asset up to a single point in its life. Accumulated depreciation is a contra asset account,...

Accrual accounting is a financial accounting method that allows a company to record revenue before receiving payment for goods or...

Accounts receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services rendered that...

Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It...

An actuary is a professional with advanced mathematical skills who deals with the measurement and management of risk and uncertainty. The name of the corresponding...

What are Actively managed funds? These are Run by unit trusts, open-ended investment companies or investment trusts, these are portfolios of shares...

The term account generally refers to a record-keeping or ledger activity. It has many different applications in the financial industry....