Across
- 3. - Agreement allowing a temporary pause or reduction in loan repayments
- 4. - A possible obligation arising from uncertain future events
- 5. - Recognised for accounting purposes despite no cash transaction
- 6. - Eligible for systematic allocation of an intangible asset’s cost over time
- 8. - Removing an asset or liability from the balance sheet
Down
- 1. - Turning illiquid assets into tradable securities to facilitate investment
- 2. Tax - Tax arising from temporary differences between accounting and tax rules
- 7. - A commitment or reservation of funds for approved future expenditure