Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
Judging the quality of a decision by how it turned out rather than by the reasoning available when it was made.
The dangerous box is not the sound decision that lost — it is the rule violation that paid, because indiscipline has just been reinforced with money.
The removal of a subsidiary from consolidated accounts, line by line, when control over it is lost — with any retained interest recognised at fair value and the resulting difference taken to profit or loss.
Revenue leaves and so do the borrowings, which reads as deleveraging with no repayment. It also happens when a subsidiary enters insolvency and a resolution professional displaces its board.
The lag between capital being spent and the resulting revenue arriving.
The stretch where reported numbers look worst and screens mark the company down.