ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
BANK BASE RATE Definition
BANK BASE RATE is the annual interest rate on which British banks calculate lending charges (minimum lending rate).
Learn new Accounting Terms
SCIENTER THEORY is based on the word scienter, which is Latin for "having knowledge." In criminal law, the theory refers to knowledge by a defendant that his/her acts were illegal or his/her statements were lies and thus fraudulent. In securities, it is to knowingly transact a fraudulent securities deal.
TIC/EBIT is one of the earnings multiples ratios used in determining company value.