Numbers dressed up in fancy suits pretending to be words.
When a company tries to acquire another company against its will, which is basically corporate kidnapping with better lawyers. The target company's board will try every defense in the book, from poison pills to white knights, making it sound like a medieval fantasy novel with spreadsheets.
An investment made to offset potential losses in another investment, which is basically placing a bet that your other bet might be wrong. It's the financial equivalent of bringing both sunscreen and an umbrella because you have zero faith in the weather forecast.
A reduction in the stated value of an asset for the purpose of calculating capital requirements or collateral, because lenders assume you're overstating value (and they're usually right). Not to be confused with what you get at a barbershop, though both can be painful.
The complete month-end or year-end financial closing process with all adjustments, reconciliations, and financial statements finalized—as opposed to a soft close that's faster but less comprehensive. It's the accounting equivalent of spring cleaning versus just shoving everything in the closet.
An accounting treatment that matches the timing of gains and losses on hedging instruments with the hedged items, preventing volatility from making your financials look bipolar. IFRS 9 and ASC 815's way of acknowledging that risk management shouldn't tank your earnings.
Comparing financial statement line items across multiple periods to identify trends and growth patterns. It's the accounting equivalent of looking at your bank balance history and realizing why you're broke.