Careless driving is driving without due care or consideration for others on the road. Examples include running red lights and distracted driving. Fines vary by jurisdiction and insurance rates may increase. Careless driving is less serious than reckless driving, but still a serious offense. Individuals can fight a ticket in court with legal representation. Individuals […]
Electric charge is a property of matter that interacts with other charged objects. Atoms consist of protons, neutrons, and electrons, with the force of attraction between protons and electrons holding the atom together. When an atom gains or loses electrons, it becomes an ion with a net positive or negative charge. Ions can attract or […]
Charge-offs are uncollectible credits that are removed from accounts receivable to calculate current balance. The use of a discount does not mean the debt will not be collected, and bad debt is typically written off. Companies may use discounts to identify unpaid invoices and may turn them over to collection agencies. Discounting helps keep accounts […]
The charging current is used to recharge reusable batteries by converting chemicals into stored electricity. Lead-acid batteries can suffer from sulfation, but pulse charging can help restore them. Charging current should be regulated to prevent overheating. Nickel metal hydride and lithium ion batteries require separate charging. Capacitors can also be charged and used in electronics. […]
Conspiracy charges involve two or more people working together to achieve an illegal objective. Charges do not imply guilt, but evidence is presented in court to determine if the allegation is true. Conspiracies can result in criminal or civil liability, and penalties may include fines and jail time. The media often covers conspiracy charges, which […]
A full accountant is responsible for maintaining a company’s financial records, including reconciling bank accounts, reviewing ledgers, creating reports, correcting errors, and handling payroll and taxes. They keep accurate records of income, assets, and expenses, and verify expenses and cash received. They also balance a company’s books and ensure that financial records are accurate and […]
Shaped charges are explosives that project a superheated jet of liquid metal through armor. They consist of a cone or cylinder-shaped high explosive with a metal cone called a jacket. They are used in roadside bombs in Iraq to penetrate through APC armor and kill American soldiers. The primary warhead used for High Explosive Anti-Tank […]
“Fixed charge” can refer to a predictable recurring expense or a lien on a fixed asset for securing a loan. Companies can budget for fixed charges and use estimates for floating expenses. Creditors check the title of the asset before providing a loan and debtors should confirm the release of liens when paying off debts. […]
Negative charges are an essential property of particles, such as electrons, and are part of the fundamental forces of physical law. They create an electromagnetic field that can attract or repel other particles, and are responsible for chemical bonding. Negative charges were first identified by the ancient Greeks and were established during the Big Bang. […]
Endowment policies provide a cash payment to the insured and require higher premiums than simple life insurance policies. Withdrawals can be made after a specific point in the future, but penalties may apply for early withdrawals. Tax treatment varies by country. Endowment policies are life insurance contracts that provide the insured with a vital benefit […]
Depth charges are explosive devices used in anti-submarine warfare to cause damage with shock waves and force submarines to surface. They were first developed by the British in 1910 and have evolved into modern versions that can be launched from ships or aircraft. Torpedoes are another weapon used in anti-submarine warfare to penetrate and sink […]
A prepaid finance charge is a fee assessed on loans, typically mortgages, when the borrower wants to close before the start of a calendar month. The charge covers the period from the closing date to the first day of the next month and is calculated based on the number of calendar days involved. The charge […]
Equitable charge is an agreement where a debtor uses an asset as collateral for a financial obligation. The creditor has a claim on the asset in case of a breach of obligation, and the court may transfer ownership or order the sale of the asset to settle the debt. This arrangement helps the debtor receive […]
Debits are uncollectable receivables that are removed from accounts receivable to calculate current balance. It does not mean the debt will not be collected, and companies use it to identify unpaid invoices. If a debt collection agency cannot guarantee payment, an amended invoice is created. Debiting removes bad debt and keeps accounts receivable up to […]
“Fixed charge” can refer to predictable recurring expenses or a pledge on a fixed asset to secure a loan. Fixed expenses, like rent, require caution and creditors check ownership of the asset. Businesses can factor in fixed expenses to budget decisions and make estimates for variable expenses. The term “fixed charge” is used in two […]
- 1
- 2
