INTERPERIOD EQUITY Definition

Bookmark and Share

INTERPERIOD EQUITY is a government's obligation to disclose whether current-year revenues were sufficient to pay for current-year benefits, or did current citizens defer payments to future taxpayers, i.e. it refers to whether current-year revenues are sufficient to pay for the services provided that year and whether future taxpayers will be required to assume burdens for services previously provided.

Learn new Accounting Terms

NETBACK is linkage of the price of crude oil to the market price of products refined from it.

CAPITALIZED INTEREST is the accrued interest added to the principal balance of a loan while you are not making payments or your payments are insufficient to cover both the principal and interest due. When this occurs, you are paying interest on interest, sometimes called "negative amortization".

Suggest a Term

Enter Search Term

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