gradually write off the initial cost of (an asset) over a period
Example: They pay monthly loan payments based on a formula that amortizes the debt over 15 years, at 8 percent interest.
en: Amortir
Breakeven point
Noun
The breakeven point (breakeven price) for a trade or investment is determined by comparing the market price of an asset to the original cost; the breakeven point is reached when the two prices are equal.
Example: After years of losing money the company has finally reached the break-even point and we hope to make a profit soon.
en: Seuil de rentabilité
budgetary accountability
noun
defining who is responsible for what, when, and how in the budgeting process,
Example: Budget accountability rests primarily with the operating departments of the Town
en: responsabilité budgétaire
cash cycle
noun
The cash conversion cycle is the amount of time a company needs or takes to convert funds invested in production and sales to cash
Example: Address the problem of debt collection, thereby reducing the cash cycle.
en: cycle de trésorerie
conservatism
Noun
commitment to traditional values and ideas with opposition to change or innovation.
Example: if some governments switched towards the fiscal CONSERVATISM it not just caused by the impact of business
en: conservatisme
equity
Noun
he value of the shares issued by a company.
Example: when he comes to assessing his perceptions of EQUITY According to the equity theory
en: fonds
expenditure
noun
he action of spending funds
Example: who dedicate over 6 per cent of their monthly EXPENDITURE to organic purchases.
en: dépense
Overdraft
It is a noun
a deficit in a bank account caused by drawing more money than the account holds.
Example: Banks could simply decline a charge if a customer lacked the funds, but instead lenders promote “overdraft protection” as a convenience that comes at a cost.
en: Découvert
Prime cost
It is a noun
the direct cost of a commodity in terms of the materials and labor involved in its production, excluding fixed costs
Example: In a service industry such as distribution the prime cost is only the article that is bought in the first place
en: premier prix
Solvency
Noun
the possession of assets in excess of liabilities; ability to pay one's debts.
Example: Republicans aren’t wrong that the federal government has a solvency problem.
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