6 Terms
Home > Industry/Domain > Financial services > Finance
Finance
Industry: Financial services
Add a new termContributors in Finance
Finance
Credit
Financial services; Finance
The amount of money available to be borrowed by an individual or a company is referred to as credit because it must be paid back to the lender at some point in the future. For example, when you make ...
Provision
Financial services; Finance
A balance sheet item representing funds set aside by a company to pay for losses that are anticipated to occur in the future. The actual losses for the earmarked funds have not yet occured, but the ...
Interest
Financial services; Finance
The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
Accelerated depreciation
Financial services; Finance
It refers to any one of several methods by which a company, for 'financial accounting' or tax purposes, depreciates a fixed asset in such a way that the amount of depreciation taken each year is ...
Act of god bond
Financial services; Finance
A bond issued by an insurance company, linking principal and interest to a company's losses due to natural disasters. Act of God bonds are issued by insurers to protect against unforeseen events.
Interest
Financial services; Finance
The charge for the privilege of borrowing money, typically expressed as an annual percentage rate. Or, the amount of ownership a stockholder has in a company, usually expressed as a percentage.
Indenture
Financial services; Finance
A contract between an issuer of bonds and the bondholder. It is another name for the bond contract terms, which are also referred to as a deed of trust.
