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Quick Ratio

A liquidity ratio that expresses the ability of a company to meet its current obligations. It is a measure of…

Acid Test Ratio

A liquidity ratio that expresses the ability of a company to meet its current obligations. It is a measure of…

Divestiture

The sale or disposal of an asset. Divestiture takes place when a company (or any form of going concern) sells…

Accounts Payable Turnover Ratio

A financial ratio that relates the cost of goods sold to accounts payable. This ratio is calculated by dividing the…

Abnormal Returns

The portion of return that is not attributed to systematic influences and conditions. Instead, abnormal returns are typically the result…

Bearer Instrument

A negotiable instrument that is payable to bearer or to “cash”, rather than to an identifiable payee. The bearer is…

Ba’i al-Mustarsel

Arabic (بيع المسترسل) for a case of sale (ba’i) in which the buyer doesn’t haggle over the price (i.e., takes…

Ba’i al-Raja’

A type of sale (ba’i) that was introduced by the Zaydi school of though (mazhab) in which an agricultural land…

Bay’ Ilqa’ al-Hajar

A type of sale (bay’), prevalent in pre-Islamic times, in which the object of sale was determined as the one…

Ba’i Nafizh

Arabic (بيع نافذ) for a type of ba’i muna’aqid (enforceable contract of sale). By definition, it is a contract of…