What is a Fixed Asset?

Fixed Asset is something a company buys to use, not to sell.

What is a Fiscal Year?

Fiscal Year is a full year of business, starting and ending at the same point each year, but not necessarily running from Jan first to Dec 31^st. It can begin and end on any date in the year.

What is Fiscal Policy?

Fiscal Policy is what a government does to try and help the economy.

What is a Fiscal Agent?

Fiscal Agent is someone a company pays to advise them about money stuff.

What are First Mortgage Bonds?

First Mortgage Bonds are money things a company owns that they have to pay for first before anything else.

What is First-In-First-Out?

First-In-First-Out (FIFO) is used in accounting. It means that the company uses a policy where the things that they buy or make first are the first ones to be sold.

What are Firm Bid or Firm Offer Orders?

Firm Bid or Firm Offer orders are given when someone wants to buy money things at a set time, price, and amount.