Financial Terms Of The Week

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By N2H

Financial Terms Of The Week

Financial Term Of The Week – Annual Report

Posted on February 19th, 2010 in Financial Terms Of The Week

What Is Annual Report?
All quoted companies have a legal obligation to send shareholders annual results within six months of their financial year-end. The document,called the annual report and accounts,includes a narrative on company performance and financial results with footnotes. Several components are stipulated either by the listing authority or by accounting standards setters. The company [...]

Tags: annual report, auditors report, balance sheet, cash flow statement, director report, efficient debt collection, financial term, financial term of the week, profit and loss statement

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Financial Term Of The Week – Annuity

Posted on February 03rd, 2010 in Financial Terms Of The Week

Financial Term Of The Week – Annuity

The payment of a regular income by a life company to an annuitant either for
life or shorter periods in exchange for a lump sum. Annuities are typically used for pensions and the individual receiving the annuity is known as an annuitant. In the UK they can broadly be classified [...]

Tags: annuity, financial term, pension annuities, purchase annuity, purchase life annuity

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