Unearned Discount
An unearned discount is the portion of a financial discount received before it is actually earned, typically on prepaid expenses or early payments. It appears as a liability until the related time or condition is fulfilled, after which it is recognised as income.
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Utilization Rate
Utilization rate measures how effectively a company uses its available resources, such as labour hours or machinery capacity. It is…
Usury
Usury refers to the practice of charging excessively high interest rates on loans beyond legally permitted limits. While primarily a…
Upstream Transaction
An upstream transaction occurs when a subsidiary sells goods or services to its parent company. In consolidated financial statements, unrealised…
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