Closing Costs

Business / Real Estate / Closing Costs: Expenses of the sale (or loan refinancing) that must be paid in addition to the purchase price (in the case of the buyers expenses) or be deducted from the proceeds of the sale (in the case of the sellers expenses). Some closing costs result from legal requirements, others are a matter of local custom and practice.

Non-Recurring Adoption Costs

Life Style / Adoption / Non-Recurring Adoption Costs: One time adoption expenses, which may be at least partially reimbursed by states up to a maximum amount to families adopting children with special needs. Allowable expenses for this reimbursement bene MORE

Opportunity Costs

Business / Finance / Opportunity Costs: The difference in the performance of an actual investment and a desired investment adjusted for fixed costs and execution costs. When not all desired trades can be implemented. Most valuable alternati MORE

Post-Closing Trial Balance

Business / Accounting / Post-Closing Trial Balance: A listing of all real account balances after the closing process has been completed: provides a means of testing whether total debits equal total credits for all real accounts prior to beginning a new MORE

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