MODIFIED CASH BASIS
An accounting method that unites elements of the two main accounting methods: accrual method and cash method. The cash method recognizes earnings when accepted and expenses when these are paid for. On the other hand, the accrual method recognizes revenue when earned and expenses when these are incurred. It uses accrual basis for long-term assets, while cash basis for short-term ones.
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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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| Time | Country | Indices | Period |
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