Code and Deficit: Difference between pages

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1. ''Business ethics.''
1. ''Pensions accounting.''


Any written statement of best practice or of ethical conduct in business.
The excess of liabilities over assets in a funded Defined benefit pension scheme; also known as under-funding.




2.  ''Conventions - conduct.''
'''Example'''  


Any less formal statement of practice or understanding.
Pension liabilities = 100


For example, a dress code for a business setting or event.
Pension assets = 90,  


The deficit would be 100 - 90 = 10. 


3.  ''Abbreviations.''
(Not to be confused with the percentage ''funding level'' which in this example would be 90 / 100 = 90%.)


Abbreviation for any one of a number of particular codes, for example the UK Corporate Governance Code.


2. More generally, any financial shortfall.


4.  ''Information technology - software - noun.''


Instructions for computers in machine-readable form.
== See also ==
 
* [[Amortisation]]
For example, binary code.
* [[Fiscal deficit]]
 
* [[FRS 17]]
 
* [[Funding level]]
5.  ''Information technology - verb.''
* [[Multicurrency cross-border pooling]]
 
* [[Multicurrency one-country pooling]]
To write instructions for computers in machine-readable form.
* [[Surplus]]
 
 
:<span style="color:#4B0082">'''''Coding skills will help future-proof treasury careers'''''</span>
 
:"Even though machines may become a bigger part of the landscape, treasurers will still require core treasury knowledge to understand and check the work of machines.
 
:Also, learning skills like coding will help to future-proof treasury careers."
 
:''The Treasurer - 2022 Issue 3 - p22 - Courtney Huggins, director of group treasury at Canary Wharf Group.''
 
 
6.  ''Communication - abbreviations.''
 
A standardised, abbreviated string of letters, numbers, other characters - or some combination of these - designed to enable efficient and error-free communication.
 
For example, Bank identifier codes (BIC), currency codes, or the codes used in Standard Industrial Classification (SIC).
 
 
7.  ''Cryptography.''
 
Information represented in encrypted form, an algorithm or process designed to create encrypted messages, or the activity of creating an encrypted message.
 
 
==See also==
* [[ACT Ethical Code]]
* [[Algorithm]]
* [[Bank identifier code]] (BIC)
* [[Bankruptcy Code]]
*[[Best practice]]
* [[Binary code]]
* [[Boilerplate]]
* [[Business identifier code]] 
* [[City Code]]
* [[Code of conduct]]
* [[Code of practice]]
* [[Code Staff]]
*[[Competence]]
*[[Compliance]]
* [[Contract]]
* [[Convention]]
* [[Cryptography]]
* [[Currency code]]
*[[Directive]]
*[[Enforcement]]
*[[Ethics]]
*[[Framework]]
* [[Future-proof]]
* [[FX Global Code]]
*[[Good practice]]
*[[Governance]]
*[[Guidance]]
* [[Information technology]]
* [[Jurisdiction]]
*[[Law]]
* [[Legislation]]
*[[Principle]]
* [[Prompt Payment Code]]
* [[Protocol]]
*[[Red tape]]
* [[Regime]]
* [[Regulation]]
*[[Reporting]]
*[[Reputational risk]]
*[[Rules]]
* [[Software]]
* [[Sort code]]
* [[Standard Industrial Classification]]  (SIC)
*[[Standards]]
*[[Supervision]]
* [[Tax]]
* [[UK Corporate Governance Code]]
* [[UK Money Markets Code]]
* [[UK Stewardship Code]]
* [[Uniform Commercial Code]]
 
[[Category:Ethics_and_corporate_governance]]

Revision as of 13:07, 15 March 2015

1. Pensions accounting.

The excess of liabilities over assets in a funded Defined benefit pension scheme; also known as under-funding.


Example

Pension liabilities = 100

Pension assets = 90,

The deficit would be 100 - 90 = 10.

(Not to be confused with the percentage funding level which in this example would be 90 / 100 = 90%.)


2. More generally, any financial shortfall.


See also