Examlex
Sometimes situations we define as real become real in their consequences. What does this phenomenon illustrate?
Pension Expense
The annual cost recognized by an employer for its pension plan, which includes service costs, interest costs, expected returns on plan assets, and gains or losses.
Mortality Rate
Mortality rate, often expressed per thousand or per hundred thousand, refers to the frequency of deaths in a given population during a specific period of time.
Unrecognized Net Gain Or Loss
Refers to gains or losses that have been incurred but are not reported in the financial statements because they are unrealized.
Vested Benefits
Employee benefits, such as pension plans or stock options, that one has earned the right to receive and cannot be forfeited.
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