Above The Line
Business / Accounting / Above The Line
Above The Line: This term can be applied to many aspects of accounting. It means transactions, assets etc., that are associated with the everyday running of a business. See below the line .
Below The Line: This term is applied to items within a business which would not normally be associated with the everyday running of a business. See above the line .
Pre-Frontal Squall Line: A line of thunderstorms that precedes an advancing cold front.
Pralines: A New Orleans liqueur that recreates the butter pecan/brown sugar/vanilla flavor of the traditional praline candy
Precession Of The Equinoxes: The gradual westward shift (about 50' each year) of the equinoctial points along the ecliptic due to the ecliptic due to the rotational movement of the poles of Earth's axis. This phenomena . . . View Full Definition
Presidential Election Cycle Theory: A theory that stock market trends can be predicted and explained by the four-year presidential election cycle.
Progressive Discipline: A form of discipline whereby increasingly harsher penalties are awarded each time an employee is disciplined for the same or a different performance infraction or policy or work-rule violati . . . View Full Definition
Praline Liqueur: A cordial flavored to taste like buttery pecan pralines.
Preferred Habitat Theory: A biased expectations theory that believes the term structure reflects the expectation of the future path of interest rates as well as risk premium. The theory rejects the assertion that the . . . View Full Definition
Positive Discipline: A disciplinary strategy geared toward reducing and improving an individualís unfavorable behavior or conduct by rewarding positive behavior rather than focusing on and punishing negative behavior.
Word of the Day:
Malty: An aromatic sensation created by a moderately volatile set of aldehydes and ketones that produces sensations reminiscent of toasted grains.