Accounting / Financial Acronyms

A/D = Advance against documents

A/E=Accured expense

A/P=Accounts payable

A/R=Accounts receivable

A/S=Account sales

AAA=Accumulated adjustments account

ABA=Accredited Business Accountant

ABC = Activity-based costing

ABCP= asset-backed commercial paper

ABL=Asset-based lending

ABM = activity-based management

ABP=Average benefit percentage

ABS = asset-backed securities

ABV=Accredited in Business Valuation

ACE=Adjusted current earnings

ACP=Actual deferral percentage

ACP=Average contribution percentage

ACR=Actual contribution ratio

ACRS=Accelerated cost recovery system

ACS=Automated collection sites

ACV=Actual cash value

ADR=Asset depreciation range

ADR=Average deferral ratio

AEIC=Advanced earned income credit

AET=Asset/Equity table

AGI=Adjusted gross income

AIBD = Association of International Bond Dealers

ALM = assets and liabilities management

ALV=Average lease value

AON=All or none order

APR=Annual percentage rate

APT=Arbitrage pricing theory

APY=Annual percentage yield

ARR = Average rate of return

ARR=Average rate of return

ATA=Accredited Tax Advisor

ATNOL=Alternative Minimum Tax Net Operating Loss

ATNOLD=Alternative Minimum Tax Net Operating Loss Deduction

ATP=Accredited Tax Preparer

B/E=Breakeven

B/L=Bill of lading

BIS = Bank for International Settlements

BIT = Bilateral investment treaty

BOM=Bill of materials

BS=Balance sheet

BV=Book value

C & I = Cost and Insurance.

C&F=Cost and freight

C.F.R = Cost and Freight.

C.I.F = Cost, Insurance and Freight.

CAD = Cash against documents

CAFR=Comprehensive Annual Financial Report

CAGR=Compound annual growth rate

CD=Certificate of deposit

CDO=Collateralized debt obligation

CDP=Collection Due Process

CF=Carryforward

CF=Cash flow

CFAT=Cash flow after taxes

CFR = Cost and freight

CGS=Cost of goods sold

CIA = Cash in advance

CIF=Cost, insurance, and freight

CIRR = Commercial Interest Reference Rate.

CNC=Currently not collectible

CNOL=Consolidated net operating loss

COD=Cancellation of debt income

COD=Cash on delivery

COFI=Cost of funds index

COGS=Cost of goods sold

COI=Continuity of interest

COLA=Cost of living adjustment

COS=Cost of sales

CPA=Certified public accountant

CPI=Consumer price index

CPM=Cost per thousand

CPT = Carriage Paid To.

CRA=Credit rating agency

CSED=Collection statute expiration date

CSV=Cash surrender value

CumDiv=Cumulative dividend

CumPfd=Cumulative preferred

CVA =cash value added

CWO = Cash with order

CY=Calendar year

D/A = Documents against acceptance

D/P = Documents against payment.

DAN=Depositor account number

DCF=Discounted cash flow

DCR=Debt coverage ratio

DFIs = Development Finance Institutions

DIP=Debtor-in-possession

DIV=Dividend

DNAMTI=Distributable net alternative minimum taxable income

DNI=Distributable net income

DOI=Discharge of indebtedness income

DPO=Days payables outstanding 

DRIP=Dividend reinvestment plan

DS=Credit default swaps

E&P=Earnings and profits

EBIT = earning before interest and taxes

EBIT =earning before interests and taxes 

EBITDA= earning before interests, taxes, depreciation and amortization

ECA =  Export Credit Agency

ECM=Excess cash margin

EIC=Earned income credit

EOM=End of month

F.I. = Free In

F.I.O = Free In and Out

F.O. = Free Out

F.P.A = Free of Particular Average

FAVR=Fixed and variable rate

FCF =free cash flow

FCF=Free cash flow

FDCPA=Fair Debt Collection Procedures Act

FFO=Funds from operations

FIFO=first in, first out

FIT=Financial institutions tax

FMV=Fair market value

Forex = Foreign exchange

FRN = Floating rate note

FRV=Fair rental value

FS=Fact sheet

FY=Fiscal year

FYE=Fiscal year ended

GAAP=Generally accepted accounting principles

GATT=General Agreement on Tariffs and Trade

GE=Grantee

GR=Grantor

HC=Human capital

HELOC=Home equity line of credit

I.R.B.=Internal Revenue Bulletin

IASB=International Accounting Standards Board

IBOR = Interbank Offered Rate.

ICE=Internal control evaluation

ICOR = Capital-output ratio.

IDS=Income deposit securities

IET=Income-Expense table

IFC = International Finance Corporation.

IFRS=International Financial Reporting Standard

IMF = International Monetary Fund.

INT=Interest

IRC=Internal Revenue Code

IRR=Internal rate of return

J/E=Journal entry

L/C=Letter of credit

L/V=Loan-to-value ratio

LBO=Leveraged buyout

LIFO = Last in, first out

LLC=Limited liability company

LOB=Line of balance

LOC=Line of credit

LT=Long term

LTCG=Long-term capital gain

LTD=Limited

LTV=Loan to value ratio

LY=Last year

MPGE=manufactured, produced, grown, or extracted

MRQ=Most recent quarter

N/P=Note payable

NAFTA = North American Free Trade Agreement

NASDAQ = National Association of Securities Dealers Automated Quotations System

NAV=Net asset value

NDA=Nondisclosure agreement

NIF = Note issuance facility

NOI=Net operating income

NOL=Net operating loss

NOLD=Net operating loss deduction

NOPAT = net operating profit after tax 

NOW=Negotiable order of withdrawal

NPV=Net present value

NR=Not rated

NSF=Not sufficient funds

NUA=Net unrealized appreciation

OAA=Other adjustments account

OAR=Overall rate of return

OCF=Operating cash flow

OI=Operating income

OIBITDA=Operating income before interest, taxes, depreciation & amortization

OID=Original issue discount

OTC market = Over-the-counter market

P&I=Principle and interest payment

P&L=Profit and loss statement

P/E ratio = Price/earnings ratio

PAL=Passive activity loss

PE=Price-earnings ratio

PE=Private equity

PERC=Premiums, earnings and reasonable charges

Pfd=Preferred

PIK=Payment in kind

PILOT=Payment in lieu of taxes

PJ=Purchases journal

PO=Purchase order

POD=Payable on death

POQ=Periodic order quantity

POS=Point-of-sale

PPI=Producer price index

PPP = Purchasing Power Parity

PRS=Partnership

PTO=Paid time off

PV=Present value

PY=Prior year

PYA=Prior year amount

Q=Quarter

QE=Quarter ended

RAN=Revenue anticipation note

RCN=Replacement cost new

REA=Return on assets

Reg.=Regulation

REIT=Real estate investment trust

REO=Real estate owned

REPO=Repurchase agreement

ROA=Return on assets

ROE=Return on equity

ROG=Receipt of goods

ROI = return on investment

RR=Revenue ruling

S&P=Standard & Poors

SAR=Stock appreciation right

SAR=Summary annual report

SDR = Special Drawing Right

SG&A=Selling, general, and administrative expenses

SJ=Sales journal

SOX = Sarbanes-Oxley law

ST=Short term

STCG=Short-term capital gain

T-Bills = Treasury bills

TDA=Tax deferred annuity

TGR=Total gross receipts

TI=Taxable income

TIN=Taxpayer identification number

TPI=Total positive income

VAT=Value-added tax

VC=Venture capital

VRP=Variable rate premium

W.A = With average

WACC=Weighted average cost of capital

WIP=Work in process

WPI=Wholesale price index

WTO = World Trade Organization

YRT=Yearly renewable term

YTD=Year-to-date

YTM=Yield to maturity

ZBB=Zero-based budgeting