Carrying Broker Definition

Carrying Broker Definition

What Is a Carrying Broker? A carrying broker is a brokerage firm that provides back-office support for other brokers. Examples of such support include ensuring regulatory compliance, recording and distributing client documents, and monitoring credit risk for margin accounts. Key Takeaways Carrying brokers provide back-office support for other brokerage firms, freeing their clients to focus

Carrying Value Definition

Carrying Value Definition

What Is a Carrying Charge? A carrying charge is a cost associated with holding a physical commodity or financial instrument. Examples of carrying charges include insurance costs, storage costs, and interest charges on borrowed funds. These costs are also sometimes referred to as an investment’s cost of carry. Since carrying charges increase the cost of

Inventory Dressed in Price Way, Examples, Tips to Lower It

Inventory Dressed in Price Way, Examples, Tips to Lower It

What Is Inventory Carrying Cost? Inventory carrying cost, or holding costs, is an accounting term that identifies all business expenses related to holding and storing unsold goods. The total carrying costs include the related costs of warehousing, salaries, transportation and handling, taxes, and insurance as well as depreciation, shrinkage, and opportunity costs. Key Takeaways Inventory

Carryover Provision Definition

Carryover Provision Definition

What Is a Carryover Provision? A carryover provision—also known as a fourth-quarter deductible carryover—is a clause commonly found in health insurance contracts. The purpose of carryover provisions is to enable policyholders to reduce their out-of-pocket expenses in the following year by applying a portion of the current year’s claims against the next year’s deductible. Typically