What Is Accelerated Depreciation? Accelerated depreciation is any method of depreciation used for accounting or income tax purposes that allows greater depreciation expenses in the early years of the life of an asset. Accelerated depreciation methods, such as double-declining balance (DDB), means there will be higher depreciation expenses in the first few years and lower
What Is an Accelerated Bookbuild? An accelerated bookbuild is a form of offering in the equity capital markets. It involves offering shares in a short time period, with little to no marketing. The bookbuild of the offering is done very quickly in one or two days. Underwriters may sometimes guarantee a minimum price and sale
What Is an Abbreviated New Drug Submission (ANDS)? An Abbreviated New Drug Submission (ANDS) is a written request to Health Canada to obtain marketing approval for a generic drug. An Abbreviated New Drug Submission must be approved by Health Canada, the country’s federal department in charge of national health care, under Canada’s Food and Drug Regulations, before
What Is Activity-Based Costing (ABC)? Activity-based costing (ABC) is a costing method that assigns overhead and indirect costs to related products and services. This accounting method of costing recognizes the relationship between costs, overhead activities, and manufactured products, assigning indirect costs to products less arbitrarily than traditional costing methods. However, some indirect costs, such as
What is Abenomics? Abenomics is the nickname for the economic policies set out for Japan in 2012 when prime minister Shinzo Abe came into power for a second time. Abenomics involved increasing the nation’s money supply, boosting government spending, and enacting reforms to make the Japanese economy more competitive. The Economist outlined the program as a “mix
What Is Abeyance? Abeyance is a situation in which the rightful owner of a property, office or title has not yet been decided. Key Takeaways Abeyance is when the rightful owner of a property or trust has not been decided or has not met the obligations required to inherit the property, such as age or
What Is Ability-To-Pay Taxation? The ability-to-pay philosophy of taxation maintains that taxes should be levied according to a taxpayer’s ability to pay. The idea is that people, businesses, and corporations with higher incomes can and should pay more in taxes. Key Takeaways The ability-to-pay principle holds that those who have a greater ability to pay
What Is an Abeyance Order? An abeyance order is a court order declaring that the legal right to property or claim is held in abeyance, or temporarily placed on hold until matters are resolved. Abeyance places the right to a property, title, or office in a state of expectancy, in which the claim is not
What Is the Ability to Repay? The ability to repay refers to an individual’s financial capacity to make good on a debt. In particular, the phrase “ability to repay” was used in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. It describes the requirement that mortgage originators substantiate that potential borrowers can afford
What Is an ABLE (Achieving a Better Life Experience) Account? An ABLE account is a tax-advantaged savings account available to individuals diagnosed with significant disabilities before age 26. Contributions can be made to the account by the beneficiary, friends, or family members, but the total annual contribution cannot exceed a certain limit, which is pegged to
