Ex-works selling price plus all charges up to the point of delivery, as specified either by a buyer or a seller.
Number of past-due loans divided by the total number of current loans. It is an indicator of the quality of a bank's loan portfolio.
Failure to repay an obligation when due or as agreed. In consumer installment loans, missing two successive payments will normally make the account delinquent. In credit card payments, a delay of 15 to 30 days is generally allowed before declaring delinquency.
Rate of inflation used as a divisor to convert (deflate) retail prices or wages from nominal amounts to real amounts.
For which a definite cost, duration, scope, etc., has been established.
Most common type of pension plan in which an employer sets aside specific sums of money (based on each employee's tenure of service, age, and salary) for qualifying employees, in a separate tax deferred account. It is 'defined' in the sense that the formula for computing the employer's contribution ...
When the amount of expenses outweighs income coming in. For example, if the housing market tanks, a homeowner will owe more on the loan then what the property is currently valued at.
Debit balance in an accounting period transferred to a subsequent accounting period.
