FF Financial Glossary

What is it? Full Cost with fixed overhead of 80%- Only in FP5

Finance Term Definition Added By: Michael

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Other Similar Finance Terms:

Financial Term Minimum Income guarantee is This is the minimum level of income the government guarantees you will receive if you are over 60. If you have less than this level of income, the government tops it up. From October 2003, it will be placed by Pension Credit.

Financial Term Federal Funds Rate is Rate at which banks charge each other for lending out excess reserves.

Financial Term Gross spending is The overall cost of providing our services before allowing for government grants or other income.

Financial Term Notional Dilutional is In some cases, the future conversion of other classes of share capital or debt will cause a potential dilution of earnings per ordinary share, or of net tangible asset value per share. When this produces a measurable difference, Hemscott shows historic earnings per share (EPS) and NTAVPS on a fully-diluted basis. Any statistic or calculation that incorporates, or invites comparison with, historic EPS or NTAV ps also presented on a fully-diluted basis. Those statistics affected include

Financial Term Resident Population is The assessment of the number of people living in the area. This is a measure used by the Government to determine levels of local authority funding. For 2005/2006 it is based on the number of adults as at 30 June 2003 for each authority, as estimated by the Registrar General and adjusted for boundary changes in force from 1 April 2004 to 31 March 2005.