CUMULATIVE TRANSLATION ADJUSTMENT - CTA
Income section entry on a balance sheet which outlines the gains or losses from various exchange rates through the years. Assets obtained in a foreign currency must be indicated at their current exchange rates in order to show actual gains or losses. In the United States, this is required as per the Financial Accounting Standards Board.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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An Introduction to the Basics of Economics
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