20 Terms
Home > Industry/Domain > Financial services > Accountancy
Accountancy
Industry: Financial services
Add a new termContributors in Accountancy
Accountancy
Assets
Financial services; Accountancy
The entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business. Assets can include ...
Budget
Financial services; Accountancy
An itemised summary of estimated or intended expenditures for a given period along with proposals for financing them
Negative equity
Financial services; Accountancy
Often occurs when a homeowner purchases a house using a mortgage and then the economy starts to slow or home prices starts to drop. After the house purchase, the value of the home decreases below the ...
Public debt
Financial services; Accountancy
Borrowings by governments to finance expenditures not covered by current tax revenues
L-shaped stag deflation
Financial services; Accountancy
A deadly combination of economic stagnation and price deflation
Cash assets
Financial services; Accountancy
Mean the assets of the client and their partner (if any) that can be easily converted into cash
