ADJUNCT ACCOUNT Definition

Bookmark and Share

ADJUNCT ACCOUNT is an account that accumulates either additions or subtractions to another account. Thus the original account may retain its identity. Examples include premiums on bonds payable, which is a contra account to bonds payable; and accumulated depreciation, which is an offset to the fixed asset.

Learn new Accounting Terms

EQUITY RISK PREMIUM is a rate of return in addition to a risk-free rate to compensate for investing in equity instruments because they have a higher degree of probable risk than risk-free instruments (a component of the cost of equity capital or equity discount rate).

DAYS CASH ON HAND is calculated: Cash/([operating expense - depreciation expense]/365).

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.