Expense and FHLMC: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add example.)
 
imported>Doug Williamson
(Create page. Sources: Linked pages.)
 
Line 1: Line 1:
1.  
''Mortgages - mortgage-backed securities - United States.''


A cost necessarily incurred in performing duties as an employee or independent professional.
The US Federal Home Loan Mortgage Corporation, established to expand the secondary mortgage market.




2.
== See also ==
* [[Federal Home Loan Mortgage Corporation]]  (FHLMC)
* [[Federal National Mortgage Association]]  (FNMA)
* [[Government National Mortgage Association]]  (GNMA)
* [[Guarantee]]
* [[Mortgage]]
* [[Mortgage-backed securities]]
* [[Secondary market]]


More generally, any cost necessarily incurred in order to do something.


==External link==
*[http://www.freddiemac.com/about/ Freddie Mac - about us]


3. ''Financial reporting - noun.''
[[Category:The_business_context]]
 
[[Category:Corporate_finance]]
An item treated as a cost in the current reporting period, when preparing an income statement.
[[Category:Investment]]
 
[[Category:Long_term_funding]]
For example, a bad debt expense.
[[Category:Identify_and_assess_risks]]
 
[[Category:Manage_risks]]
 
[[Category:Risk_frameworks]]
4. ''Financial reporting - verb.''
[[Category:Risk_reporting]]
 
[[Category:Financial_products_and_markets]]
To account for an item as an expense in the current reporting period, rather than capitalising it.
 
Capitalising an item of expenditure ''defers'' the accounting recognition of the expense into later reporting periods.
 
 
==See also==
*[[Accrual]]
*[[Accrued expense]]
*[[Administrative expenses]]
*[[Bad debt expense]]
*[[Capitalise]]
*[[Depreciation expense]]
*[[Expenditure]]
*[[Expense relief]]
*[[Expenses]]
*[[Financial reporting]]
*[[Income statement]]
*[[Management expenses]]
*[[Prepaid expense]]
*[[Recognition]]
*[[Research & development]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 03:49, 16 January 2022

Mortgages - mortgage-backed securities - United States.

The US Federal Home Loan Mortgage Corporation, established to expand the secondary mortgage market.


See also


External link

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Expense&oldid=19586’