Set Aside Definition Finance Balance sheet reserves also known as claims reserves are accounting entries that show money set aside to pay future obligations Balance sheet reserves appear as liabilities on a company s
If you put or set aside money you save it for a particular purpose Every week I put aside some money for a new TV Make sure you set aside enough to cover at least six months of expenses Provisions represent funds put aside by a company to cover anticipated losses in the future In other words provision is a liability of uncertain timing and amount Provisions are listed on a company s balance sheet under the liabilities section
Set Aside Definition Finance
Set Aside Definition Finance
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A fund is a pool of money set aside for a specific purpose The pool of money in a fund is often invested and professionally managed in order to generate returns for its investors Some A sinking fund is a fund containing money set aside or saved to pay off a debt or bond A company that issues debt will need to pay that debt off in the future and the sinking
To save something especially money for a special purpose Businesses that create new jobs are eligible for a tax credit for which the state currently sets aside 20 million The budget sets Saving process of setting aside a portion of current income for future use or the flow of resources accumulated in this way over a given period of time Saving may take the form of increases in bank deposits purchases of securities or
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1 something such as a portion of receipts or production that is set aside for a specified purpose 2 a program requiring a percentage of opportunities as for jobs or Definition When a court declares a previous decision invalid it is set aside This often happens in appeals when a higher court overrules a lower court s decision It can also happen
Provisions in Accounting are an amount set aside to cover a probable future expense or reduction in the value of an asset Examples of provisions include accruals asset impairments bad debts depreciation Provisions are funds set aside by a company to cover probable cash outflows arising in the future If a company has a probable obligation defined as more than 50 likely where the payment can be estimated
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Balance sheet reserves also known as claims reserves are accounting entries that show money set aside to pay future obligations Balance sheet reserves appear as liabilities on a company s
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If you put or set aside money you save it for a particular purpose Every week I put aside some money for a new TV Make sure you set aside enough to cover at least six months of expenses
Set Aside Definition What Does Set Aside Mean
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What Is An Aside Examples Literary Device Explained
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Set Aside Definition Finance - To save something especially money for a special purpose Businesses that create new jobs are eligible for a tax credit for which the state currently sets aside 20 million The budget sets
