Accrual Basis

Business / Finance / Accrual Basis: In the context of accounting, practice in which expenses and income are accounted for as if they are earned or incurred, whether or not they have been received or paid. Antithesis of cash basis accounting.
Search Google for Accrual Basis:

Other Words for Basis

Basis Noun Synonyms: foundation, base, bottom, heart, footing, principle, underpinning, infrastructure
MORE

Fare Basis (Code)

Life Style / Travel / Fare Basis (Code): The sometimes confusing code or codes on which the price of an airline ticket is based. Some itineraries contain many different codes. Most will indicate whether a fare is refundable or not. If even o MORE

Fixed Price Basis

Business / Finance / Fixed Price Basis: Payments of a fixed, equal amounts paid to an insurance company for insurance or an annuity. MORE

Flow-Through Basis

Business / Finance / Flow-Through Basis: Government bonds that when owned at the time of death are acceptable at par in payment of federal estate taxes. MORE

Fare Basis

Life Style / Travel / Fare Basis: Conditions, including service class and ticketing provisions, that determine a fare. Fare basis is designated by identifying letters and/or numbers on a ticket. MORE

Discounted Basis

Business / Finance / Discounted Basis: The yield or annual interest rate on a security sold to an investor at a discount. A bond that is sold at $4875 that matures to $5000 has a discount of $125. To calculate the discount yield: (discount MORE

Certificate Of Accrual On Treasury Securities (CATS)

Business / Finance / Certificate Of Accrual On Treasury Securities (CATS): A formal document used to record a fact and used as proof of the fact, such as stock certificates, that evidence ownership of stock in a corporation. MORE