Available-for-Sale (AFS) securities
Investments in debt and equity securities that are not classified in trading securities or held-to-maturity securities.
Net change in equity for a period, excluding owner investments and distributions.
Consolidated financial statements
Financial statements that show all (combined) activities under the parent's control, including those of any subsidiaries.
Accounting method used for long term investments when the investor has "significant influence" over the investee.
Equity securities with controlling influence
Long term investment when the investor is able to exert controlling influence over the investee; investors owning 50% or more of voting stock are presumed to exert controlling influence.
Equity securities with significant influence
Long term investment when the investor is able to exert significant influence over the investee; investors owning 20% or more (but less than 50%) of voting stock are presumed to exert significant influence.
Foreign exchange rate
Price of one currency stated in terms of another currency.
Held-to-maturity (HTM) securities
Debt securities that a company has the intent and ability to hold until they mature.
Long-term assets not used in operating activities such as notes receivable and investments in stocks and bonds.
Company that operates in several countries.
Other comprehensive income
Equals net income less comprehensive income; includes unrealized gains and losses on available-for-sale securities, foreign currency adjustments, and pension adjustments.
Company that owns a controlling interest in a corporation (requires more than 50% voting stock).
Return on total assets
Ratio reflecting operating efficiency; defined as net income divided by average total assets for the period; (also called return on assets or return on investment).
Debt and equity securities that management expects to convert to cash within the next 3 to 12 months (or the operating cycle if longer); also called temporary investments or marketable securities.
Entity controlled by another entity (parent) in which the parent owns more than 50% of the subsidiary's voting stock.
Investments in debt and equity securities that the company intends to actively trade for profit.
Unrealized gain (loss)
Gain (loss) not yet realized by an actual transaction or event such as a sale.