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NUSAP is a notational system for the management and communication of uncertainty in science for policy, based on five categories for characterizing any quantitative statement: Numeral, Unit, Spread, Assessment and Pedigree. NUSAP was introduced by Silvio Funtowicz and Jerome Ravetz in the 1990 book Uncertainty and Quality in Science for Policy. [1]
In accounting, amortization is a method of obtaining the expenses incurred by an intangible asset arising from a decline in value as a result of use or the passage of time. Amortization is the acquisition cost minus the residual value of an asset, calculated in a systematic manner over an asset's useful economic life.
Energy accounting is a system used in energy management systems to measure and analyze energy consumption to improve energy efficiency within an organization. [2] Organisations such as Intel corporation use these systems to track energy usage. [4] Various energy transformations are possible. An energy balance can be used to track energy through ...
Econophysics is a non-orthodox (in economics) interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynamics.
Cash and accrual basis – The two primary accounting methods of the cash basis and the accruals basis (the difference being primarily one of timing) are used in three environments: in economics, to calculate US public debt, [1] in financial reporting, as well in tax environment, in order to calculate taxable income for U.S. federal income ...
In cases with complex or unknown matrices, the standard addition method can be used. [3] In this technique, the response of the sample is measured and recorded, for example, using an electrode selective for the analyte. Then, a small volume of standard solution is added and the response is measured again. Ideally, the standard addition should ...
The fixed spread to Libor paid by the asset swap seller is known as the asset swap spread and is set at a break-even value so the net value of the sale of the bond plus the swap transaction is zero at inception.
In accounting, a basis of accounting is a method used to define, recognise, and report financial transactions. [1] The two primary bases of accounting are the cash basis of accounting, or cash accounting, method and the accrual accounting method. A third method, the modified cash basis, combines elements of both accrual and cash accounting.