Level 3 Level 5
Level 4

46 - 60


15 words 0 ignored

Ready to learn       Ready to review

Ignore words

Check the boxes below to ignore/unignore words, then click save at the bottom. Ignored words will never appear in any learning session.

All None

Ignore?
CONTRIBUTED REVENUE/INCOME
Revenue or income received from individual, foundation, corporate, or government donations with no products or services provided by the organization in direct exchange for the funds.
CREDIT/FINANCIAL ANALYSIS
Process used to understand and analyze the financial history and future prospects of an organization. May be done to help the organization understand its financial underpinnings, determine the likelih
CURRENT ASSETS
Items that generally will be turned into cash, sold, or consumed within one year.
CURRENT DEBT
Obligations due in one year or less from the date of a financial statement. It includes advances under lines of credit, notes with maturities of one year or less, and the current portion (amount due i
CURRENT GRANTS & PLEDGES RECEIVABLE
Money owed to an organization within the upcoming twelve months for goods and services it has sold or that have been committed to the organization as a grant, donation or pledge.
CURRENT LIABILITIES
Obligations that will usually be repaid within one year.
CURRENT PORTION OF LONG-TERM DEBT
Amount of principal on long term debt due within one year. Interest is not included in this amount.
CURRENT RATIO
Comparison of current assets to current liabilities, commonly used as a measure of short-run solvency. A ratio of 1:1 means an organization would have just enough cash to cover current liabilities if
DAYS PAYABLE
The number of days on average it takes for an organization to pay bills that it owes to outside vendors.
DAYS RECEIVABLE
The number of days on average it takes for an organization to collect receipts it is owed.
DBA
Doing business as.
DEBT
An amount owed to a person or organization for money borrowed. Debt can be represented by a promissory note, bond, mortgage or other form stating repayment terms and interest requirements. Debt may or
DEBT SERVICE
Required repayment of principal and interest for a loan, usually expressed annually. (Note: financial statements prepared on an accrual basis will show interest expense on the Statement of Activities,
DEFAULT
There are two types of default: Debt service default occurs when a borrower fails to make a scheduled payment of interest or principal on a loan. Technical default occurs when a covenant of the loan i
DEFERRED REVENUE/INCOME
Payment received from a client for a transaction that has not yet occurred (e.g., subscription purchase for performances held on future dates). This situation creates an obligation, and thus a liabili