Sum of the year’s digits depreciation or SYD, as the name suggests, is a method to calculate depreciation. Since this method accelerates the recognition of depreciation it is a …

Meaning of Toll Manufacturing and Contract Manufacturing Toll Manufacturing and Contract Manufacturing both are forms of outsourcing of production. In both the manufacturing arrangements, Companies get the production work …

The term structure of interest rates or the yield curve is basically a graphical representation showing the relationship between the bond yields or the yield to maturity (YTM) of …


Meaning of Trade Acceptance Trade Acceptance refers to a contractual obligation acknowledging the existence of a debt. It is a time draft or bill of exchange for a specific …

Trust Deed comes into use at the time of real estate transactions. Basically, it is an arrangement or an agreement between the borrower and the lender. Under this arrangement, …

Trust Receipt or TR is a document that comes into play when a buyer has a loan or any other arrangement, such as Letter of Credit (LC), from a …

Transfer Agent (TA) is a term that you would have come across if you trade in shares or securities. It is a financial service provider that keeps the records …

A liability is a debt or legal obligation of the business to another individual, bank or entity. There could be both short-term liabilities as well as long-term liabilities. Liability …

Meaning and Definition of Trade Debt Trade Debt is defined as the money payable by a Company to its supplier for goods or services received by it. In other …

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