ABEYANCE
An event wherein the rightful owner of an office, property or title is still to be concluded. Abeyance usually occur when the current holder or owner did not declare a single current beneficiary. As an alternative, the way of determining the new owner is through the result of a particular event at some time in the future. The ownership of the office, property or title is left vacant as a result. The word abeyance is derived from "abeance", an old french word which means a gaping or longing, with future expectation.
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Capital Commitment
Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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