Closing The Books

Business / Accounting / Closing The Books: A term used to describe the journal entries necessary to close the sales and expense accounts of a business at year end by posting their balances to the profit and loss account, and ultimately to close the profit & loss account too by posting its balance to a capital or other account.

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The Adjective Synonyms: drama, the stage, dramaturgy, dramatic or Thespian or histrionic art(s), the boards, show business, showbiz
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Reading The Lanes

Entertainment / Bowling / Reading The Lanes: The process of discovering how your ball reacts on different portions of the lane surface; hopefully, finding the best area to use to maximize strike potential. MORE

Reading The Lane

Entertainment / Bowling / Reading The Lane: Experimentation, usually during practice, to determine the characteristics of a lane. Some lanes are faster than others, some will allow a bigger hook while others will hold the ball back, etc. MORE

Reading The Tape

Business / Finance / Reading The Tape: Judging the performance of stocks by monitoring changes in price as they are displayed on the ticker tape. MORE

Regression Toward The Mean

Business / Finance / Regression Toward The Mean: The tendency that a random variable will ultimately have a value closer to its mean value. MORE

Rehypothecation

Business / Finance / Rehypothecation: Pledging to banks by securities brokers of the amount in customers' margin account as collateral for broker loans, which are used to cover margin loans to customers for margin purchases and selling sh MORE

Reading The Defense

Entertainment / Football / Reading The Defense: Recognition by the quarterback of the defensive formation; he may then call an audible to adjust the offense. MORE

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