Assets that have restrictions on their use which will be removed either with the passage of time or the occurrence of some event.

A donation that has conditions which must be satisfied. See also Temporarily restricted net assets.

Activity-based costing. A method to determine the costs of a service - product - or customer by tracing the resources consumed. ABC focuses on: I) controlling as well as calculating costs - 2) tracing as opposed to allocating costs - and 3) the impor

The budget format that lists revenues and expenses by category - such as labor - travel - and supplies. Categories are sometimes broken down into sub-categories. See also Performance budget and Program budget.

The cumulative amount of depreciation recognized on an asset since its purchase. An asset's book value is equal to its purchase price less the amount of accumulated depreciation.

A borrower's assets on which a lender has legal claim if a borrower defaults on a loan.

Costs not traced to a cost object - but that must eventually be allocated across cost objects. See also Direct costs.

[(cash + marketable securities + net accounts receivable)/current liabilities)- A measure of the organization's liquidity.

An estimate/measure of how much a tangible asset (such as plant or equipment) has been "used up" during an accounting period. It is an expense that does not require any cash outflow under the accrual basis of accounting. See also Accumulated deprecia

General and administrative expenses. Operating expenses that are not contained in the labor or supplies budgets.

An entity that gives capital to another entity in expectation of a financial or non-financial return.