Business / Finance / Return On Tangible Equity: Net income for a time period divided by tangible equity. This ratio is sometimes used to measure profitability or the efficiency with which the owners' financial investments are being employed. The value of intangible assets such as goodwill is excluded from this ratio in order to better reflect actual operating profitability. Higher values for this ratio indicate better financial performance. The specific value obtained for a business should be evaluated in relation to the returns that can be obtained from alternative investments of capital. An alternate form of this ratio can also be computed using pre-tax income instead of net income.
Equity Noun Synonyms: fairness, impartiality, even-handedness, justice, fair play, objectivity, disinterest, fair-mindedness, equitableness, open-mindedness, disinterestedness, neutrality, tolerance, judiciousness, right-mindedness, high-mindedness
Return Noun Synonyms: replace, put back, restore, give back, bring or carry back
Return Verb Synonyms: come or go back, revert, turn back
Return Adjective Synonyms: exchange, bring back or carry back
Tangible Noun Synonyms: material, real, physical, corporeal, bodily, somatic, solid, concrete, touchable, tactile, manifest, palpable, evident, actual, substantial, visible, seeable, discernible, perceptible, ponderable, objective, ostensive
Business / Finance / Tangible Net Worth: Equity less intangible assets. See the ratios of debt to tangible equity, fixed assets to tangible equity, and return on tangible equity. MORE
Life Style / Poetry / Onomatopeia : An instance where the sound of a word directly imitates its meaning (for example, 'choo-choo,' 'hiss'), sometimes termed echoism. MORE