Noncash Transactions
Business / Accounting / Noncash Transactions
Related Words
Noncash Transactions: Investing and financing activities that do not affect cash: if significant, they are disclosed below the statement of cash flows or in the notes to the financial statements.
Transactions: Exchange of goods or services between entities (whether individuals, businesses, or other organizations), as well as other events having an economic impact on a business.
Transactions Costs: Applies mainly to international equities. Levies on a deal that foreign governments sometimes charge.
Transactions Motive: The time, effort, and money necessary, including such things as commission fees and the cost of physically moving the asset from seller to buyer. Related: Round-trip transactions costs, info . . . View Full Definition
Round-Trip Transactions Costs: Costs of completing a transaction, including commissions, market impact costs, and taxes.
Arms-Length Transactions: Business dealings between independent and rational parties who are looking out for their own interests.
Noncash Charge: A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow.
Noncash Items: Items included in the determination of net income on an accrual basis that do not affect cash: examples are depreciation and amortization.
FACT Act (Fair And Accurate Credit Transactions Act): Designed to help consumers check their credit reports for accuracy and detect identity theft early, the FACT Act gives every consumer the right to request a free report from each of the thre . . . View Full Definition
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