Annual Report:
The formal financial statement issued yearly by a corporation. The annual repost contains a balance sheet, income statement and other information of interest to shareholders.
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Annuitant: An investor who receives fixed or variable annuity payments. Annuitize: An investor’s decision to end the accumulation period and begin receiving periodic payments from an annuity. Annuity: A contract between an insurance company and Read more…
Amortization: (1) Accounting procedure which gradually reduces the book value of an intangible asset through periodic charges to income; similar to depreciation for fixed assets. See also: Capitalize. (2) Method of reducing a taxpayer’s cost Read more…
American Stock Exchange: The second largest exchange in the United States, located in the financial district of New York City. (Formerly known as Curb Exchange from its origin on a Manhattan street. ) Happy bidding. Read more…
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