what is the term used to describe money that is owed to the medical office?

Suggest a new Definition

Proposed definitions will be considered for inclusion in the Economictimes.com

Finance

• PREV DEFINITION

  Aberrant Rate of return

  Definition: Abnormal charge per unit of return or 'alpha' is the render generated by a given stock or portfolio over a flow of time which is higher than the render generated by its benchmark or the expected rate of render. It is a measure of performance on a risk-adapted basis. Description: The abnormal rate of return on a security or a portfolio is different from the expected rate of render. It is the return generated by a security or a portfolio which is in excess of its benchmark or the return predicted by an equilibrium model such every bit uppercase asset pricing model (CAPM). Abnormal rate of return tin either exist positive or negative depending on how the security or a fund has performed in comparing to its criterion. The normal charge per unit of return can be a forecasted return based on model or it can be the return on an index, such as S&P BSE Sensex or 50-share Nifty index. The aberrant return on an investment is calculated every bit follows (1): RAbnormal = RActual – RNormal An investment's abnormal render could be positive or negative. It essentially measures how the stock or a fund has performed over a given menses of time. Aberrant rate of return as a mensurate of operation is useful to investors equally a valuation tool and for comparison returns to market operation (2). Example: Suppose a stock ABCD experiences a 30% return in a given year. Analysts expected ABCD to experience a render of 20% for that year. The (positive) abnormal charge per unit of return ABCD is: 30% actual render – thirty% projected render = x% positive abnormal render ABCD experience a positive abnormal return of 10% during that year.

  Read More

• Next DEFINITION

  Accounts Receivable

  Definition: Accounts Receivable (AR) is the gain or payment which the visitor will receive from its customers who have purchased its goods & services on credit. Usually the credit period is short ranging from few days to months or in some cases maybe a year. Description: The word receivable refers to the payment not being realised. This means that the visitor must have extended a credit line to its customers. Commonly, the visitor sells its appurtenances and services both in cash equally well every bit on credit. When a company extends credit to the client, the sale is realised when the invoice is generated, merely the company extends a time menses to the customers to pay the amount after some time. The time period could vary from 30-days to a few months. Account Receivables (AR) are treated every bit electric current avails on the balance sheet. Let's sympathise AR with the help of an instance. Suppose you are a manufacturer M/Southward XYZ Pvt Ltd and you manufacture tyres. A client gives you lot an guild of Rs 1,00,000 for 100 tyres. Now, when the invoice is generated for that amount, auction is recorded, just to brand the payment the company extends the credit catamenia of xxx-days to the customer. Till that time the amount of Rs 1,00,000 becomes your account receivable because the customer will pay that amount before the catamenia expires. If not, the company tin can charge a belatedly fee or manus over the business relationship to a collections section. Once the payment is made, the cash segment in the balance canvas volition increase by Rs 1,00,000, and the account receivable will be decreased by the same amount, because the customer has made the payment. The amount of account receivable depends on the line of credit which the client enjoys from the company. Usually, this is offered to customers who are frequent buyers.

  Read More than

Definition of 'Accounts Payable'

Definition: When a visitor purchases goods on credit which needs to be paid back in a brusque period of time, it is known as Accounts Payable. It is treated as a liability and comes under the head 'current liabilities'. Accounts Payable is a short-term debt payment which needs to be paid to avoid default.

Description: Accounts Payable is a liability due to a item creditor when it gild appurtenances or services without paying in greenbacks upwardly front, which means that yous bought goods on credit. Accounts Payable as a term is not limited to companies. Even individuals like yous and me accept Accounts Payable.

We eat electricity, phone, broadband and cablevision TV network. The bills become generated towards the end of the month or a particular billing period. Information technology means that the service provider gave you some service and sends the nib which needs to be paid by a certain appointment or else y'all will default. This becomes Accounts Payable.

Let's also empathise from a visitor's point of view. You are a visitor A who purchases goods from company B on credit. The amount raised needs to exist paid dorsum in thirty days.

Company B will tape the aforementioned sale equally accounts receivable and company A will tape the buy as accounts payable. This is because company A has to pay company B.

Under the accounting (Accrual) methodology, this will be treated as a sale even though coin has non exchanged hands yet. The accounts department needs to be extremely careful while processing transactions relating to Accounts Payable.

Here, fourth dimension is the essence considering it is a short term debt which needs to exist paid within a specific period of time. Along with that accurateness is the central, which involves the amount that needs to exist paid along with the name of the supplier. Accuracy is important because it will impact the visitor's cash position.

• PREV DEFINITION

  Aberrant Rate of return

  Definition: Abnormal rate of return or 'alpha' is the return generated by a given stock or portfolio over a period of fourth dimension which is higher than the return generated by its benchmark or the expected charge per unit of return. It is a measure of operation on a hazard-adapted basis. Description: The abnormal charge per unit of return on a security or a portfolio is unlike from the expected charge per unit of render. It is the return generated past a security or a portfolio which is in excess of its criterion or the return predicted by an equilibrium model such as capital asset pricing model (CAPM). Abnormal rate of return can either be positive or negative depending on how the security or a fund has performed in comparing to its criterion. The normal rate of return can be a forecasted render based on model or it can be the return on an alphabetize, such equally S&P BSE Sensex or l-share Nifty alphabetize. The abnormal return on an investment is calculated as follows (1): RAbnormal = RActual – RNormal An investment's abnormal render could be positive or negative. It essentially measures how the stock or a fund has performed over a given menstruation of time. Abnormal rate of return every bit a mensurate of functioning is useful to investors equally a valuation tool and for comparing returns to market operation (2). Example: Suppose a stock ABCD experiences a 30% return in a given year. Analysts expected ABCD to experience a return of 20% for that twelvemonth. The (positive) aberrant rate of return ABCD is: 30% bodily return – 30% projected return = ten% positive abnormal return ABCD feel a positive abnormal render of ten% during that yr.

  Read More

• Next DEFINITION

  Accounts Receivable

  Definition: Accounts Receivable (AR) is the proceeds or payment which the company will receive from its customers who take purchased its goods & services on credit. Usually the credit catamenia is short ranging from few days to months or in some cases maybe a year. Description: The word receivable refers to the payment not being realised. This means that the company must have extended a credit line to its customers. Unremarkably, the visitor sells its goods and services both in cash as well as on credit. When a visitor extends credit to the customer, the sale is realised when the invoice is generated, simply the company extends a time period to the customers to pay the amount after some time. The fourth dimension period could vary from 30-days to a few months. Account Receivables (AR) are treated as electric current avails on the residual canvas. Let's sympathize AR with the assist of an example. Suppose you are a manufacturer Grand/S XYZ Pvt Ltd and you lot industry tyres. A client gives you lot an guild of Rs one,00,000 for 100 tyres. Now, when the invoice is generated for that amount, sale is recorded, merely to make the payment the company extends the credit flow of 30-days to the client. Till that time the amount of Rs 1,00,000 becomes your account receivable because the customer will pay that corporeality before the period expires. If not, the company tin accuse a late fee or manus over the account to a collections department. Once the payment is made, the cash segment in the balance sail will increase by Rs 1,00,000, and the account receivable volition be decreased by the aforementioned amount, because the customer has made the payment. The amount of account receivable depends on the line of credit which the customer enjoys from the company. Usually, this is offered to customers who are frequent buyers.

  Read More

herrerahalle1987.blogspot.com

Source: https://economictimes.indiatimes.com/definition/accounts-payable

Share this post