Examlex
What is executive privilege?
Accounting Basis
Refers to the method of recording accounting transactions; either on a cash basis or on an accrual basis.
Required Return
The minimum return an investor anticipates or requires from an investment to make it worthwhile.
Ackerman Geometry
The front-end setup that allows a vehicle to steer so that the tires track freely during a turn. During a turn, the inboard wheel on a steer axle has to track a tighter circle than the outer wheel. Ackerman geometry is also known as toe-out during turns and it allows the inner and outer wheels to turn at different angles so that both wheels can roll through a turn without tire scrubbing.
Toe-out
A wheel alignment term where the front of the wheels are pointed slightly outward, which can affect handling and tire wear.
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