DEPOSITORY BANK is when a company decides to issue American Depositary Receipts, it appoints an authorized depositary, normally part of a large U.S. banking institution or trust company.
UNABSORBED COSTS occurs when the cost structure does not fully reflect all variable and/or fixed costs.
EBIT is Earnings Before Interest and Tax. EBIT is an indicator of a companys financial performance calculated as revenue less expenses excluding tax and interest. It is sometimes referred to as operating earnings.
Enter a term, then click the entry you would like to view.