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A hostile takeover involves an attempt by one group of stockholders to solicit votes from other stockholders in order to put a new management team into place and is usually motivated by low stock price.
Construction Costs
Expenses related directly to the construction of a building or infrastructure project, including materials, labor, and overhead.
Estimated Costs
Projected expenses related to the manufacturing of a product, execution of a project, or delivery of a service.
Provision for Loss
A Provision for Loss is an amount set aside in the accounts to cover identified but not yet realized losses or expenses.
Contra-Asset Account
An account that decreases the value of an asset, liability, or equity account, such as accumulated depreciation.
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