Examlex
The principle of locality states that when the computer uses something, it will probably use it again very soon.
Treasury Stock
Refers to shares that were once part of the circulation on the open market and have been bought back by the issuing company, reducing shareholders' equity.
Cash Flow Statement
A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.
Retained Earnings
The portion of net income that is retained by the company rather than distributed to shareholders as dividends, representing the cumulative earnings of the company over time.
Common Stock
Equity ownership in a corporation, with rights to vote on corporate matters and share in the profits through dividends.
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