CASH ON HAND Definition

Bookmark and Share

CASH ON HAND literally means coin, currency, and cash items on hand. It is not possible to have negative cash on hand.

Learn new Accounting Terms

INDUCEMENT is a reward for a specific behavior, designed to encourage that behavior; also called incentive. To provide the first months rent free would be a "lease inducement".

SALES MULTIPLE is the most widely used valuation benchmark used in the valuation of a business. The information needed are annual sales and an industry multiplier, which is usually a range of .25 to 1 or higher. The industry multiplier can be found in various financial publications, as well as analyzing sales of comparable businesses. This method is easy to understand and use. The sales multiple is often used as the valuation benchmark.

Suggest a Term

Enter Search Term

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