Accounting II

Question	Answer
Amortize	To allocate a portion of the item's value over the periods affected by the item.
Annuity	A series of equal payments over time.
Base amount	Amount to which we are comparing other items.
Base Period	Accounting period to which we are comparing another period.
Benchmark	A standard against which items can be measured.
Bond indenture	Legal agreement between a bond issuer and a bondholder.
Bottom-up process	A process whereby something is created at a lower level of management and then passed up to a higher level for review and revision.
Bylaws	Rules and guidelines for how a corporation should conduct business.
Callable	Preferred stock that the issuing corporation, at its option, may retire by paying the call price plus and dividends in arrears.

Resource summary

	Created by Hannah Allison over 5 years ago