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Accounting
Includes the principles as well as the system of documenting and summarizing business and financial transactions and analyzing, verifying, and reporting the results.
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denied boarding compensation
Aviation; Airport
Compensation paid to a passenger holding confirmed reserved space, who finds the airline cannot accommodate them. The traveler must have complied fully with the airline's ...
scratch player
Sports; Golf
A scratch golfer does not have a handicap. He is good enough not to need a handicap. He should be able to play a golf course at or under par.
valuation opportunity cost
Financial services; General Finance
The potential increase in firm value associated with investments that are for gone due to capital rationing.