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  • economic feasibility

    Analysis of a project's costs and revenues in an effort to determine whether or not it is logical and possible to complete.

    Accounting; General accounting
  • economic entity assumption

    Based on GAAP, an entity must be different from the financial interests of the company's owners.

    Accounting; General accounting
  • economic earnings

    Amount of money a business expects to earn assuming there are no changes in its ability or capacity to produce its products or services.

    Accounting; General accounting
  • economic depreciation

    Decline in the value of a property due to indirect changes. such as decline in the quality of neighborhood or the construction or closure of roads in the vicinity.

    Accounting; General accounting
  • economic cost

    The sacrifice involved in performing an activity, or following a decision or course of action. It may be expressed as the total of opportunity cost (cost of employing resources in one activity than the other) and accounting costs (the cash outlays).

    Accounting; General accounting
  • economic book value

    Book value of a firm that allows for valuation of goodwill, inventories, real estate, and other assets at their current market value.

    Accounting; General accounting
  • economic blight

    The bad affects of a destructive economic status on city hubs and main street towns. In recent times, investors have banded together to try to revitalize communities that have been hit hard by economic difficulties.

    Accounting; General accounting
  • economic benefit

    Benefit quantifiable in terms of money, such as revenue, net cash flow, net income.

    Accounting; General accounting
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