Examlex
A foreign key is a data field in the records of one table that references a primary key in the records of another table.
Present Value
The current worth of a future sum of money or stream of cash flows given a specified rate of return, used to assess the value of future cash flows in today's dollars.
Recognition
The formal acknowledgment in accounting of a transaction or event's impact on the financial statements.
Net Assets
The total assets of an organization minus its total liabilities, representing the owners' residual interest in the company's assets.
Financial Flexibility
The ability of an entity to initiate actions and adapt to changes in its financial operations that maximize shareholders' value over time.
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