CLEP Financial Glossary
What is it? See College-Level Examination Program.Finance Term Definition Added By: Grace
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Other Similar Finance Terms:
Financial Term Return is Profit earned by a capital investment or other type of security.Financial Term Asset is An item that is intended to be used for several years such as a building or a vehicle.
Financial Term deep in the money is A phrase used to describe an option with a high intrinsic value resulting from the fact that the market value of the underlying instrument is well below (for a call option) or well above (for a put option) the strike price of the option.
Financial Term Gross Margin is Definition Revenue less COS. Expressed as a percentage. This is the first measure of a companys financial performance.
Financial Term Budget is A statement of our spending plans. The councils financial year starts on 1 April and ends on 31 March.