KEYB Financial Glossary

What is it? Key buy

Finance Term Definition Added By: Zoe

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Financial Term Community Property is Refers to assets or a method of ownership. Generally, it means that each spouse owns a 50 percent interest in an account. Upon the death of one spouse, the survivor claims his or her ownership of one-half of the asset. The other half will pass in accordance to a will or to law. Each state has different laws and interpretations.

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 Credit is An obligation, or promise to pay later for money borrowed or purchases made today.

Financial Term Company is The separate legal entity in which an investor is able to acquire a share stake, representing his part ownership of a business.

Financial Term phase II audit is An environmental liability risk assessment. A phase II audit is usually conducted only when the phase I audit or other information about the property or about the activities conducted on the property indicate that there is a possibility of contamination. In the phase II audit, qualified individuals collect ground and water samples, test storage tanks, and/or collect building materials samples. Drilling may be conducted to obtain subsurface soil samples. Samples are then tested and analyzed.