from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Sorry, no etymologies found.
For the outside investor, and also for the financial analyst, the problem is that the so-called income-forecast method of accounting used by the industry and now codified in Financial Accounting Standards Board (FASB) Statement of Position (SOP) 00-2 relies to a great extent on a management’s estimates (possibly far into the future) of how much cash income a film or television series might generate.