Cost and Trust deed: Difference between pages

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imported>Doug Williamson
(Expand for opportunity cost.)
 
imported>Doug Williamson
(Added additional definition. source: https://www.dasscotland.gov.uk/about/different-ways-deal-debt/what-trust-deed)
 
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1.  


''Accounting.''
''Law and pensions''.
A legal document, drawn up in the form of a deed, which establishes or regulates a trust. 


The expenses payable to produce the firm’s sales.
In relation to pensions, trust deeds  constituting pension trusts can vary very widely in their form and content.




2.
2.  


''Accounting.''
A similar legal document in a bond issue. Also known as the Bond indenture.
 
In relation to fixed assets, the original cost of acquisition.  
 
The net book value of fixed assets, in simple terms, is the difference between cost and accumulated depreciation.




3.
3.


''Financial decision making.''
In Scotland, a formal, legally binding document that transfers part or all of a debtors assets to a trustee to manage for the benefit of the creditors. This is a private arrangement between a debtor and creditors.  
 
In financial decision making cost is the expected return or benefit that is foregone by investing in a project, rather than in the next best use of capital or other resources.
 
This type of cost is often known as the 'opportunity cost'.
 
It is the opportunity cost of capital and of other resources that is the relevant economic measure for financial decision making purposes.
 
 
 
4.
 
To estimate the price of something.
 
 
5.
 
More generally, the amount paid to acquire or buy something.




==See also==
== See also ==
* [[Cost of capital]]
* [[Bond indenture]]
* [[Cost of sales]]
* [[Scheme rules]]
* [[Depreciation]]
* [[Trust]]
* [[Fixed assets]]
* [[Deed]]
* [[Impairment]]
* [[Inventory]]
* [[Net book value]]
* [[Net realisable value]]
* [[Opportunity cost]]
* [[Price]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

Revision as of 09:19, 31 March 2016

1.

Law and pensions.

A legal document, drawn up in the form of a deed, which establishes or regulates a trust.

In relation to pensions, trust deeds constituting pension trusts can vary very widely in their form and content.


2.

A similar legal document in a bond issue. Also known as the Bond indenture.


3.

In Scotland, a formal, legally binding document that transfers part or all of a debtors assets to a trustee to manage for the benefit of the creditors. This is a private arrangement between a debtor and creditors.


See also

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