Business & Commercial Terms with "F"

Glossary of Business & Commercial - Glossario Società & Commerciale

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Finance Acts: every year there is a Finance Act which determines the tax laws of the country. It is introduced to Parliament by the Chancellor of the Exchequer in the Budget speech.

Financial Assets: deposits, stocks, bonds, notes, currencies, and other instruments that possess value and give rise to claims, liabilities, or equity investment. Financial assets include bank loans, direct investments, and official private holdings of debt and equity securities and other instruments.

Fixed Assets: produced assets that are used repeatedly, or continuously, in processes of production for an extended period of time. They consist of equipment and software and structures (including, by convention, owner-occupied housing), but exclude consumer durables.