CAPITAL FUNDS
is the total of capital debentures, if any, capital stock, if any, surplus, undivided profits, unallocated reserves, guaranty fund, and guaranty fund surplus.
OpenFinancial Dictionary
Accounting & Finance Terms (English)
Capital Gain
Capital gain The portion of gross profit recognized from the sale or exchange of a non-inventory asset that is not taxed as ordinary income. Historically, capital gains have been taxed at a lower rate...
OpenCAPITAL IMPROVEMENT
A capital improvement in real estate is any permanent structure or other asset added to the property that adds to its value. In general, any value-added activity or cost to a long-term or permanent as...
OpenCapital Infusion
often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions. In the conte...
OpenCapital Intensive
Capital intensive is used to describe industries or sectors of the economy that require large investments in capital assets to produce their goods, such as the automobile industry. These companies nee...
OpenCapital Projects Funds
Funds used by a not-for-profit organization to account for all resources used for the development of a land improvement or building addition or renovation.
OpenCarbon Accounting
The process of measuring, monitoring, and reporting an organization's greenhouse gas emissions.
OpenCash Basis
Cash accounting recognizes transactions only when cash is received or paid.
OpenCash Conversion Cycle
The cash conversion cycle is the time it takes to convert investments in inventory and receivables into cash, net of payables.
OpenCash Equivalent
Short-term interest-earning financial instruments that are deemed to be highly secure and will convert back into cash within 90 days
OpenCash Equivalents
Cash equivalents are short-term, highly liquid investments that can be quickly converted into cash with minimal risk.
OpenCash Flow
Cash flow refers to the movement of money into and out of a business. Positive cash flow indicates the company can meet financial obligations, while negative cash flow suggests liquidity issues. Cash ...
OpenCash Flow
Cash flow is the movement of cash in and out of a business over a period.
OpenCash Ratio
The cash ratio is the ratio of cash and marketable securities to current liabilities. It equals cash and marketable securities divided by current liabilities, Cash ratio indicates the extent to which ...
Opencash receipt
The collection of money in cash or current date checks.
OpenCash Sales
It is sales that are collected in cash or by checks that are currently payable.
OpenCash-generating unit
The smallest identifiable group of assets that generates cash inflows largely independent from other assets or groups.
OpenCash-settled share-based payment
A transaction where the entity incurs a liability based on the share price.
OpenCCC
CCC is an acronym for Cash Conversion Cycle
OpenCD
See certificate of deposit.
OpenCEO
is an acronym for Chief Executive Officer. The CEO is the principle individual responsible for the activities of a company.
OpenCertificate of Deposit (CD)
is a document written by a bank or other financial institution that is evidence of a deposit, with the issuer’s promise to return the deposit plus earnings at a specified interest rate within a specif...
OpenCertified Financial Statements
Certified Financial Statements are financial statements that undergone a formal audit by certified public accountant
OpenCFO
is an acronym for Chief Financial Officer. The CFO is the officer in a corporation responsible for handling funds, signing checks, the keeping of financial records, and financial planning for the comp...
OpenChart of Accounts
A listing of all accounts used in the general ledger of an organization.
OpenChart of Accounts
A listing of all accounts used in the general ledger of an organization.
OpenChurning
Churning occurs when sales agents urge a client to cash in an existing insurance policy after a short time and replace it with another. It is a lucrative practice because agents earn commission on eac...
OpenCIA
Wait for it is an acronym for the Central Intelligence Agency but in the financial field it is an acronym for Certified Internal Auditor and can also be used as an acronym for Cash In Advance.
OpenCIBT
is an acronym for Cash Income Before Taxes.
OpenCIP
could be Capital Improvement Plan, Capital Improvement Program, Capital Investment Program, or Capital Investment Proposals.
OpenCloud Accounting
Accounting software and data stored on remote servers accessed through the internet rather than on local computers.
Opencommon costs
Common Costs or Common Fixed Costs Costs that are common to several products, processes, activities, departments, territories, etc. Often common costs are subsequently allocated to each of the joint p...
OpenContingent liability
A potential obligation confirmed only by future uncertain events.
OpenContinuous Accounting
An accounting approach that spreads accounting tasks evenly throughout the period rather than at period-end.
OpenContra Account
An account used to reduce the value of a related account on financial statements.
OpenContra Account
An account used to reduce the value of a related account on financial statements.
OpenContribution margin
Sales minus variable costs.
OpenControl environment
The overall attitude and actions of management regarding internal control.
OpenControl risk
The risk that a material misstatement will not be prevented or detected by the entity’s internal controls.
OpenConvertible bond
A bond that can be converted into equity.
OpenCorporate tax
Income tax charged on the taxable profits of businesses.
OpenCorporate Tax
Corporate tax is a tax levied on the taxable profits of businesses.
OpenCost allocation
Assigning indirect costs to cost objects.
OpenCost of Goods Sold (COGS)
COGS represents the direct cost of producing or purchasing goods that were sold during the period. It directly affects gross profit and includes materials, direct labor, and inventory adjustments.
OpenCost of Goods Sold (COGS)
COGS is the direct cost attributable to goods sold during a period.
OpenCPAs (Certified Public Accountants)
are qualified accountants who have passed the Uniform Certified Public Accountant Examination CPA and have met additional education and experience requirements.
OpenCredit Sales
Sales made on account. Sales where the customer is allowed to pay at a later date. Non cash sales
OpenCryptocurrency Assets
Digital or virtual currencies recorded as assets on a company's balance sheet, such as Bitcoin or Ethereum holdings.
OpenCurrent Account
In a checks account in the bank field, such as a checks account. In accounting, any working account can say the current account, which is famous in partner companies. The name of the current account i...
OpenCurrent Assets
Current assets are the property of the economic entity from economic resources that can be measured in cash and change occurs during the twelve months after the end of the fiscal year, such as cash, c...
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