The interest rate at which major banks offer unsecured loans to each other in the London interbank market, providing a benchmark for short-term interest rates worldwide.
A measure of the difference between actual labour hours and budgeted labor hours.
A liability resulting from a legal dispute or pending lawsuit.
An approach to accounting that focuses on reducing waste and increasing efficiency in financial processes.
Costs associated with acquiring or negotiating a lease agreement.
An IRS letter sent to taxpayers to verify their identity and protect against tax fraud.
Free cash flow is adjusted to reflect the financial leverage of a company.
Debts or obligations that a business owes to external parties.
The ability of a company to meet its short-term financial obligations and convert assets into cash.
A banking service that accelerates the collection of payments by directing them to a centralized location.