ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio
analysis NON-CURRENT ASSETS Definition NON-CURRENT ASSETS
includes PPE (property, plant and equipment) as opposed to
current assets which includes cash, cash equivalents (e.g.
securities, short-term notes, etc.), inventory and accounts
receivable. Learn new Accounting Terms HIGH-YIELD DEBT is a
business term referring to a corporate debt instrument (non-
investment grade or junk bond), that has a higher yield
(compared to investment grade debt) because of a high perceived
credit risk (default risk). See also JUNK BOND. OPERATING COST
is the expense of maintaining property (e.g., paying property
taxes and utilities and insurance) it does not include
depreciation or the cost of financing or income taxes. Also
known as OPERATING EXPENSE.