Examlex
Early in a project when very little detail is known about a project,it is impractical to render even a rough estimate of the final project cost.
Known Liability
Obligations or debts that have been incurred and are measurable with a high degree of certainty.
Vacation Benefits
Employee benefits that provide paid or unpaid time off from work for holidays, vacations, and personal time.
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations by comparing its interest expense to its earnings before interest and taxes.
Interest Expense
Interest expense is the cost incurred by an entity for borrowed funds, typically evident in the form of interest payments on loans, bonds, or credit lines.
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