Financial Statement


 

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Financial Statement

An accounting statement showing assets and liabilities of a person or company. Used generally for large loans or other instances when the credit report (history of payment of debts) in itself is not sufficient.



Financial Statement

Similar Matches

Statement of Financial Accounting Standards No 52

Statement of Financial Accounting Standards No 52

The currency translation standard currently used by US firms. It mandates the use of the current rate method. See: Statement of Financial Accounting Standards No. 8.


Short term financial plan

Short term financial plan

A financial plan that covers the coming fiscal year.


Financial engineering

Financial engineering

Combining or carving up existing instruments to create new financial products.


Financial assets

Financial assets

Claims on real assets.


Financial leverage

Financial leverage

Use of debt to increase the expected return on equity. Financial leverage is measured by the ratio of debt to debt plus equity.


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