SG&A
Selling, General & Administrative Expense (SG&A) is the sum of every direct and indirect selling expenses along with the general and administrative expenses of a company. It can be seen reported on the company’s income statement. Direct selling expenses can be linked directly to a specific unit while indirect selling expenses cannot be directly linked but are proportionally allocated to all units sold in a given time period. Examples of direct selling expenses are: advertising, warranty, and credit expenses. Examples of indirect selling expenses are: postal charge, telephones, and interest. Meanwhile, general & administrative expenses are the wages of non-sale personnel, lightings, heat, and rent.
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Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
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