Auditable Meaning in Accounting vs Software Applications Auditable Meaning in Accounting and Finance: The ability of an auditor to successfully conduct a comprehensive examination of a client’s financial records, files, & data. A financial audit is an official examination of an individual’s or organization’s financial statements and records. Typically, an […]
What Is EBIDA – Earnings Before Interest, Depreciation and Amortization? EBIDA is an after-tax measure of a company’s operating performance. It’s an acronym for Earnings Before Interest, Depreciation & Amortization. EBIDA is a measure of a company’s earnings that adds interest expense, depreciation, and amortization to net income. However, it […]
What are TruPS – Trust Preferred Securities? TruPS are trust-preferred securities issued by bank holding companies (BHC). They have some characteristics of both preferred stock equity and subordinated debt. Trust preferred securities (TruPS) are hybrid securities. They are issued by banks and bank holding companies (BHCs) beginning in 1996. The […]
What Does MFN Mean? What does MFN mean? It is an acronym for Most Favored Nation status. It represents a high level of treatment from one state to another in international trade and finance. The term comes from the field of international trade. Treaties and trade agreements often include provisions […]
What is Marginal Propensity to Save (MPS)? Marginal propensity to save (MPS) refers to the proportion of the next dollar received that a consumer would save as opposed to spending. Economists use marginal propensity to save (MPS) to measure the link between changes in income and changes in savings. It […]
What Is Forward Integration? Forward integration occurs when a company moves downstream in the value chain toward controlling the distribution of its products or services. It does this by acquiring or merging with businesses downstream that were its former customers. However, it still maintains control over its core business activities. […]