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What Is a Bookie? Definition, Duties, and How They Make Money

What Is a Bookie? Definition, Duties, and How They Make Money

Posted by By Itho May 11, 2010
[ad_1] What Is a Bookie? "Bookie" is a slang term for "bookmaker." It's someone who facilitates gambling, most commonly on sporting events. A bookie sets odds, accepts and places bets,…
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Understanding Discontinued Operations: Definition, Reporting, & Importance

Understanding Discontinued Operations: Definition, Reporting, & Importance

Posted by By Itho May 10, 2010
[ad_1] What Are Discontinued Operations? Discontinued operations involve sections of a company that are either sold or terminated and must be reported separately from ongoing activities. This separation on the…
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Discretionary Expense Definition, Examples, and Budgeting

Discretionary Expense Definition, Examples, and Budgeting

Posted by By Itho April 30, 2010
[ad_1] What Is a Discretionary Expense? A discretionary expense is a non-essential expense. Discretionary expenses are costs without which businesses or households can survive. As such, they are defined as…
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What It Means in Accounting and How It’s Used

Double Entry: What It Means in Accounting and How It’s Used

Posted by By Itho April 14, 2010
[ad_1]   What Is Double Entry? Double entry is the bookkeeping principle which states that every financial transaction has equal and opposite effects as both an asset and a liability,…
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Backorder: Definition, Causes, Examples, and Differences from Out-of-Stock

Backorder: Definition, Causes, Examples, and Differences from Out-of-Stock

Posted by By Itho April 12, 2010
[ad_1]   What Is a Backorder? A backorder occurs when an item cannot be filled immediately due to insufficient supply, though it might still be in production. Backorders indicate demand…
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Causes, Bailout, and Its Aftermath

Bear Stearns: Causes, Bailout, and Its Aftermath

Posted by By Itho April 12, 2010
[ad_1]   What Was Bear Stearns? Bear Stearns was once a leading Wall Street investment bank, but its heavy exposure to risky mortgage-backed securities led to a rapid collapse during…
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