used to characterize income earned and expenses incurred during the normal course of a business that affect the profit (bottom line), but not the capital, of the company.
Cost of a good or service that is more than the average cost of comparable goods or services.
When a loss of inventory occurs during manufacturing processes. For example, toys that should have been coated with a blue paint instead had red paint applied to them by a factory machine.
Periodic return on an investment portfolio that is more or less than the average return on all the stocks traded on an exchange during the same period. Compare with excess return.
Atypically large proceeds made by an individual or company from commercial activity. An abnormal profit exceeds the normal opportunity for profit derived from labor costs and capital and considered normal profit. Abnormal profit in a business consists of monopoly and oligopoly profits. Also called ...
Describes the legal status of real estate titles when lawful ownership of the property is in question and is being determined.
Shortened but audited financial statement that a qualifying small or medium firm is allowed to file with registrar of companies in the UK.
Rebate given in levies or taxes under special circumstances, such as in aftermath of natural disasters.
