BEST PRACTICES Definition

Bookmark and Share

BEST PRACTICES are the generally understood operational characteristics of corporations which have been successful in terms of high repayment rates, significant outreach, and progress towards surplus generation.

Learn new Accounting Terms

CAPITAL SURPLUS is an archaic term. See PREMIUM ON CAPITAL STOCK.

NET BOOK VALUE is the difference between total assets (net of accumulated depreciation, depletion, and amortization) and total liabilities of a business enterprise as they appear on the balance sheet (synonymous with Shareholder's Equity); with respect to an intangible asset, it is the capitalized cost of an intangible asset less accumulated amortization as it appears on the books of account of the business enterprise.

Suggest a Term

Enter Search Term

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