In This Section
Adequate Protection 
Relief created in bankruptcy to protect the value of a secured creditor’s lien. Should a secured creditor's collateral value decrease, adequate protection can come in the form of a replacement lien, superpriority claims, or cash payments.
Acquisition Financing
The sources of funds, consisting of a mix of debt and equity, used to acquire the stock or assets of a business.
Acquisition Cost
Cost of acquiring an asset after deducting discounts, and adding normal incidental costs (except taxes).
ACH (Automated Clearing House)
An electronic network used to process financial transactions between two parties, including disbursements for payroll, vendors, and taxes.
Accrued Liabilities
Accrued Liabilities represent liabilities for various expenses that have been expensed when incurred, but not yet paid for.
Accounts Receivable Trial Balance
An accounts receivable trial balance is an accounting tool used to total up all of the credits and debits pertaining to a company's accounts receivables.
Accounts Receivable Credit
When a borrower makes a sale, other than for cash, Accounts Receivable is debited. In simplest terms an Account Receivable Credit is an entry on the books that is needed to remove the Accounts Receivable.
Accounts Receivable
Accounts receivable refers to the outstanding invoices a company has or the money the company is owed from its clients. The phrase refers to accounts a business has a right to receive because it has delivered a product or service.
Accounts Receivable Verification
If your company is subject to an annual audit, the auditors will review its accounts receivable in some detail. Accounts receivable is frequently the largest asset that a company has, so auditors tend to spend a considerable amount of time gaining assurance that the amount of the stated asset is reasonable.
Accounts Receivable Turnover
Accounts receivable turnover is the number of times per year that a business collects its average accounts receivable. The ratio is intended to evaluate the ability of a company to efficiently issue credit to its customers and collect funds from them in a timely manner.
Accounts Receivable Debit
The client is buying on account or paying later, which makes it an Accounts Receivable, which is an asset. When an asset increases, it is a Debit.
Accounts Payable Turnover
Accounts payable turnover is a ratio that measures the speed with which a company pays its suppliers. If the turnover ratio declines from one period to the next, this indicates that the company is paying its suppliers more slowly, and may be an indicator of worsening financial condition.
Accounts Payable
Accounts payable (AP) is an accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. On many balance sheets, the accounts payable entry appears under the heading current liabilities.
Accounting Opinions
An auditor's opinion is a written statement describing an auditor's independent, unbiased and qualified evaluation of the accuracy and completeness of a company's financial statements and practices, as well as an evaluation of a company's compliance with Generally Accepted Accounting Principles (GAAP).
Account Debtor
Account debtor means a person responsible on an account, chattel paper, or general intangible.
Account
"Account", is defined in Article 9 of the UCC. It is the legal term for what a lender would typically call an Account Receivable.
Accordian
A feature of some loan agreements that allows the borrower to add a new term loan tranche or increase the revolving credit loan commitments under an existing loan facility up to a specified amount under certain terms and conditions.
ABL Lite
ABL lite refers to Asset Based Loans that do not utilize all of the controls, reporting or other tools typically found in a closely monitored ABL Loan.
A/R Concentration
AR Concentrations is a term used to describe the largest customers of a borrower. AR Concentrations represent a credit risk to lenders in two different ways.
A/R Aging
An accounts receivableagingis a report that lists unpaid customer invoices and unused credit memos by date ranges.