Term of the Day

accounts payable

Money which a company owes to vendors for products and services purchased on credit. This item appears on the company's balance sheet as a current liability, since the expectation ... Read more

Follow Us

Featured Subjects and Definitions

Browse All Subjects

Investing Tip

4 Common Traits of Value Investors

by Whitney Tilson

Traits of value investors:
1. We tend to buy what is out of favour rather than what is popular.
2. We focus on intrinsic company value and buy only when we are convince ...

Accounts Payable vs. Accounts Receivable

Two concepts important to any business owner or business analyst are accounts receivable and accounts payable. These like sounding accounts on the financial sta...

Retirement 101: 10 Mistakes You Need to Avoid

Ideally, retirement is the culmination of all the years that you have worked hard. During this time, you’re supposed to leave the workforce, reap the frui...

List of Key Accounting Terms and Definitions

If you want to start a business, get better at running your business, or get an accounting job, you need to know some essential financial accounting terms and c...

Interview Questions for Financial Planners

Because “financial planning” covers a lot of ground, it can be hard to find the right match of skill and service to meet all of your needs. But if y...

The Balance Sheet

There are two kinds of financial statements and both follow a long-standing format of reporting. So if you understand how one set of financial statements is org...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z