REVENUE RESERVE is a fund that is not a CAPITAL RESERVE, i.e. the funds are distributable.
PERPETUAL is a fixed income security with no maturity date, such as a preferred stock with no sinking fund.
DIRECT COST is that portion of cost that is directly expended in providing a product or service for sale and is included in the calculation of COST OF GOODS SOLD, e.g. labor and inventory (it can be traced to a given cost object in an economically feasible manner). Opposite of indirect cost.
Enter a term, then click the entry you would like to view.