Alternating Current
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Alternating Current: Electricity which flows in opposite directions, alternating at a certain rate (Hz). As supplied by power companies, AC in the United States alternates 60 times per second and is deemed as 60 . . . View Full Definition
Monsoon Current (Southwest Monsoon Current): An Indian Ocean current setting in a generally eastward to southeastward direction off India and Ceylon. It replaces the North Equatorial Current, reversed by wind stress of the south-west m . . . View Full Definition
Neap Tides Or Tidal Currents: Tides of decreased range or tidal currents of decreased speed occurring semimonthly as the result of the Moon being in quadrature. The neap range (Np) of the tide is the average range occurr . . . View Full Definition
Net Current Assets: The difference between current assets and current liabilities, also known as working capital.
Mixed (Current): Type of tidal current characterized by a conspicuous diurnal inequality in the greater and lesser flood strengths and/or greater and lesser ebb strengths. See flood current and ebb current.
Miscellaneous Non-Current Liabilities: An account for non-current liabilities not including long-term debt (mortgage debt, lease debt, long-term borrowing, and shareholder loans) and deferred taxes.
Miscellaneous Current Liabilities: An account for current liabilities that do not fall into any of the categories already defined. Examples of predefined categories are accounts payable, accrued expenses, and short-term notes . . . View Full Definition
Miscellaneous Non-Current Assets: An account for assets not including current assets, property, plant and equipment, intangibles, deposits, and loans made.
Non-Current Assets: Assets that are not convertible to cash within one year in the normal course of business. Property and Goodwill are examples of non-current assets. See also current assets.
Non-Current Liabilities: Obligations that will not come due within one year of the current date. See also current liabilities.
Word of the Day:
Profit And Loss Statement: A detailed statement of income and expenses of a business that reveals the operating position of the business over a period of time. Commonly referred to a P&L.
Synonym of the Day:
Arrange: Order, Dispose, Array, Organize, Sort (out), Systematize, Group, Set Up, Rank, Line Up, Align, Form, Positionsettle, Plan, Set (up), Organize, Orchest . . . View All Synonyms
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