What Is Flow of Costs? Flow of costs refers to the manner or path in which costs move through a firm. Typically, the flow of costs is relevant with manufacturing companies whereby accountants must quantify what costs are in raw materials, work in process, finished goods inventory, and cost of goods sold. Flow of costs
What Is FMAN? FMAN refers to one of three regular options contract expiration cycles, representing February, May, August, and November. Option cycles refer to a pattern of months in which options contracts expire. Every options series nowadays has at least four expiration months trading. Under the current rules, the first two months are always the two near months
What Is Foaming the Runway? Foaming the runway in a financial context is the practice of making a last-minute infusion of cash into a company to forestall bankruptcy. It can also refer to the practice of providing a financial buffer for companies that are perhaps one crisis or loss away from insolvency. Key Takeaways Foaming
What Is Free on Board (FOB)? Free on Board (FOB) is a shipment term that defines the point in the supply chain when a buyer or seller becomes liable for the goods being transported. Purchase orders between buyers and sellers specify the FOB terms and help determine ownership, risk, and transportation costs. “FOB Origin” or
What Is a Focused Fund? A focused fund is a mutual fund that holds a only relatively small variety of stocks or bonds that are similar along some dimension. By definition, a focused mutual fund focuses on a limited number stocks in a limited number of sectors, rather than holding a broad or diversified mix
What Is a Flash Crash? The term flash crash refers to an event in the electronic securities markets wherein stock withdrawal orders rapidly amplify price declines before quickly recovering. The result of a flash crash appears to be a rapid sell-off of securities that can happen over a few minutes, resulting in dramatic declines. But
What is Flash Manufacturing PMI? Flash Manufacturing PMI is an estimate of manufacturing for a country, based on about 85% to 90% of total Purchasing Managers’ Index (PMI) survey responses each month. Key Takeaways Flash Manufacturing PMI is an estimate of manufacturing for a country, based on about 85% to 90% of total Purchasing Managers’
What Is a Flash Price? The flash price provides as close to real-time price information as possible, with the understanding that there are always lags between price quotes and the actual traded price. Key Takeaways The flash price provides as close to real-time price information as possible, but investors must realize that lags between price
What is Flash Services PMI Flash services PMI is an early estimate of the Services Purchasing Managers’ Index (PMI) for a country, designed to provide an accurate advance indication of the final services PMI data. Breaking Down Flash Services PMI IHS Markit publishes the services PMI monthly. Data is based on surveys of more than 400 senior
What Is Flat Bond? Flat bond is a term given to the price of a bond when it does not include any accrued interest. Accrued interest is the portion of a bond’s coupon payment that the holder earns in between scheduled coupon payments. A flat bond’s price is referred to as its clean price. Key
