ADVANCE PREMIUM FUND
Insurance companies who have been given advance premiums are obliged to account the premium's unearned portion as a different liability item on the company's balance sheets. The common term for this item is advance premium account or fund. As the premium is acquired, it is inputted through the income statement.
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Seasoned Security
Seasoned Security has two definitions. First, it is a financial instrument that has been traded publicly for so long in the secondary market that i ...
EV/2P Ratio
Valuation of oil and gas firms. It is computed by dividing the enterprise value by the proven and probable (2P) reserves owned by the firm. The ent ...
Preferred Habitat Theory
A theory in the investing behavior of bond buyers, which states that investors have a preferred range of bond maturity lengths, and are only willin ...
Vest Fleece
Vest Fleece is slang for a situation in which a company’s executives accelerate the vesting of their employee stock options.
Unilateral Transfer
Unilateral Transfer is an economic transaction between residents of two countries within a stipulated time period, which is usually a calendar year ...
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