Current Assets are those assets in the hands of the company that are usually sold or converted into cash within a year. Global bond is a bond, which can be traded outside the country of its issue. FBI is the acronym for Foreign Direct Investment. Contingency budget is the money set aside for a contingency plan. A holding company is one that holds more than 50% stake in another company known as subsidiary company. Cost split is one of the most fundamental elements of costing and involves systematic breaking down of all the costs that can be associated with production. Check: A check or cheque is a negotiable instrument that can be drawn from funds deposited in a demand account held in the depositor or check maker's name with a financial institution.visit this site right here align="right"/>
BP. A is the acronym for Financial Planning and Analysis. Bankruptcy: Bankruptcy is a legal proceeding that releases an individual from the obligation of repaying a part or the entire debt. Also known as 'credit available' or 'percentage of credit currently available'. An accounting period is usually for a year. Economic value is the value of the asset derived from its earning capacity. In the first method, the Human Resource HR manager or the accounts manager of the organization issues an advance to the employee who is scheduled to go on a business trip. Read on for Fixed Annuities Explained and the Annuities Pros and Cons .