Skip to content
1586 terms

Glossary

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 1 term

Variable consideration

Accounting

Contract consideration whose amount is uncertain — claims, bonuses, penalties, incentives.

In plain terms

It enters revenue only to the extent that a significant later reversal is highly improbable. Which is why a large and genuine claim against a government client can be entirely absent from the profit line.

Read the full lesson →
Indian stock market glossary · Market Vidyalaya