Gains
6 definitions

This definition has not yet been approved by a moderator.

Increases in the institution's net assets from peripheral or incidental transactions. This is in contrast to revenues, which occur from the institution's ongoing major or central operations. Whether a transaction generates revenue or a gain depends on the relationship of the transaction to the institution's activities. For example, the sale of computers by a college store might be part of ongoing central activities, while the sale of surplus computers from administrative offices might be considered otherwise.

FK Reading Ease
27.2

FK Grade Level
College
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  • This definition has not yet been approved by a moderator.

    Asset inflows not directly related to the ordinary activities of the business.

    FK Reading Ease
    18.4

    FK Grade Level
    College
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  • Increases in economic benefits and as such no different in nature from revenue.

    Context

    F.75

    FK Reading Ease
    30.9

    FK Grade Level
    College
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  • Gains and losses from the sale of trading securities or fixed assets, and from unrealized holding gains and losses.

    FK Reading Ease
    58.4

    FK Grade Level
    High School
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  • Differences between reserves held on surrendered or lapsed policies and cash values paid or reserves required on other forms of insurance taken by the insured instead of payment of cash value.

    FK Reading Ease
    36.2

    FK Grade Level
    College
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  • Differences between expense loading contained in the premiums for the period and expenses for the period.

    FK Reading Ease
    21.4

    FK Grade Level
    College
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