【精编推荐】财务缩略语Top of FormFinancialGlossaryAFifthletterofaNasdaqstocksymbolspecifyingClassAshares.AAIISee:American Association of Individual InvestorsABOSee:Accumulated Benefit ObligationABSSee:Automated Bond SystemACATSee:Automated Customer Account TransferACESSee:Advance Computerized Execution SystemACHSee:Automated Clearing HouseACRSSee:Accelerated cost recovery systemACUSee:Asian currency unitsADBSee:Adjusted Debit BalanceADRSee:American Depository ReceiptADSSee:American Depository ShareAEXSee:Amsterdam ExchangeAFMSee:Amman Financial MarketAIBDAssociationofInternationalBondDealersAONSee:All or none orderAOSSee:Automated Order SystemAMEXSee:American Stock ExchangeAMPSSee:Auction Market Preferred StockAPRSee:Annual Percentage RateAPTSee:Arbitrage Pricing TheoryAPTSee:Automated Pit TradingAPVSee:Adjusted Present ValueAPYSee:Annual Percentage YieldARMSee:Adjustable-rate mortgageARPSSee:Adjustable-rate preferred stockARPSSee:Auction rate preferred stockARRSee:Average rate of returnASESee:Athens Stock Exchange.ASXSee:Australian Stock ExchangeATPSee:Arbitrage Trading ProgramAbandonmentControllingpartygivinguprightstopropertyvoluntarily.AbandonmentoptionTheoptionofterminatinganinvestmentearlierthanoriginallyplanned.ABCagreementAcontractbetweenanemployeeandabrokeragefirmoutliningtherightsofthefirmpurchasinganNYSEmembershipforthatemployee.AbilitytopayReferstotheborrowersabilitytomakeinterestandprincipalpaymentsondebts.See:Fixed charge coverage ratio.Incontextofmunicipal bonds,referstotheissuerspresentandfutureabilitytocreatesufficienttaxrevenuetofulfillitscontractualobligations,accountingformunicipalincomeandpropertyvalues.Incontextoftaxation,notionthattaxratesshouldbedeterminedaccordingtoincomeorwealth.AbnormalreturnsThecomponentofthereturnthatisnotduetosystematicinfluences(market-wideinfluences).Inotherwords,abnormalreturnsareabovethosepredictedbythemarketmovementalone.Related:excess returns.AboveparSee:Par.AbsolutepriorityRuleinbankruptcyproceedingsrequiringseniorcreditorstobepaidinfullbeforejuniorcreditorsreceiveanypayment.AbsorbedUsedincontextofgeneralequities.Securitiesareabsorbedaslongastherearecorrespondingorderstobuyandsell.Themarkethasreachedtheabsorptionpointwhenfurtherassimilationisimpossiblewithoutanadjustmentinprice.See:Sell the book.AbusivetaxshelterAlimited partnershipthattheIRSjudgestobeclaimingtax deductionsillegally.Acceleratedcostrecoverysystem(ACRS)Scheduleofdepreciationratesallowedfortaxpurposes.AccelerationclauseAcontractstatingthattheunpaidbalancebecomesdueandpayableifspecificactionstranspire,suchasfailuretomakeinterestspaymentsontime.AccelerateddepreciationAnydepreciationmethodthatproduceslargerdeductionsfordepreciationintheearlyyearsofaassetslife.Accelerated cost recovery system (ACRS),whichisadepreciationscheduleallowedfortaxpurposes,isonesuchexample.AcceptanceContractualagreementinstigatedwhenthedraweeofatime draftacceptsthedraftbywritingthewordacceptedthereon.Thedraweeassumesresponsibilityastheacceptorandforpaymentatmaturity.See:Letter of creditandbankers acceptance.AccommodativemonetarypolicyFederal Reserve Systempolicytoincreasetheamountofmoneyavailabletobanksforlending.See:Monetary policy.AccountInthecontextofbookkeeping,referstotheledgerpagesuponwhichvariousassets,liabilities,income,andexpensesarerepresented.Inthecontextofinvestment banking,referstothestatusofsecuritiessoldandownedortherelationshipbetweenpartiestoanunderwriting syndicate.Inthecontextofsecurities,therelationshipbetweenaclientandabroker/dealerfirmallowingthefirmsemployeetobetheclientsbuyingandsellingagent.See:Account executive;account statement.AccountbalanceCreditsminusdebitsattheendofareportingperiod.AccountexecutiveThebrokeragefirmemployeewhohandlesstockordersforclients.See:Broker.AccountreconciliationThereviewingandadjustingofthebalanceinapersonalcheckbooktomatchyourbankstatement.AccountstatementInthecontextofbanking,referstoasummaryofallbalances.Inthecontextofsecurities,asummaryofalltransactionsandpositions(longandshort)betweenabroker/dealerandaclient.Seealso:Option agreement.AccountantsopinionAsignedstatementfromanindependentpublicaccountantafterexaminationofafirmsrecordsandaccounts.Theopinionmaybeunqualifiedorqualified.See:Qualified opinion.AccountingearningsEarningsofafirmasreportedonitsincome statement.AccountingexposureThechangeinthevalueofafirmsforeign currency-denominatedaccountsduetoachangeinexchange rates.AccountinginsolvencyTotalliabilitiesexceedtotalassets.Afirmwithanegativenet worthisinsolventonthebooks.AccountingliquidityTheeaseandquicknesswithwhichassetscanbeconvertedtocash.AccountspayableMoneyowedtosuppliers.AccountsreceivableMoneyowedbycustomers.AccountsreceivablefinancingAshort-termfinancingmethodinwhichaccounts receivablearecoll