Examlex
If a partner with a debit capital balance during liquidation is personally solvent, the:
Pension Expense
The cost recognized by an employer for maintaining a defined benefit pension plan for its employees over a given period.
Pension Funding
The process of setting aside financial resources to cover future pension benefits for employees.
Cumulative Gain
The total amount of profit earned over a period of time, adding together successive gains from operations or investments.
Corridor Threshold
A term used in pension accounting that refers to the allowable range in fluctuation in the value of pension assets or liabilities; amounts outside this corridor may require amortization to keep the pension's accounting measures stable.
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