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It means you will be the first generation in your family to earn a college degree. So if neither your parents or grandparents have a college degree, you would be a first generation college student.

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Can you explain what liabilities mean in terms of financial accounting?

Liabilities in financial accounting refer to the obligations or debts that a company owes to external parties. These can include loans, accounts payable, and other financial obligations that the company is required to fulfill. Liabilities are recorded on the balance sheet and represent the company's financial responsibilities that must be settled in the future.


What is a non financial risk?

Defining a non-financial risk should be on comparative basis. Non-monetory would refer to anything that is not monetary or that which cannot be associated or viewed in money terms. A risk is anything that if it occurs, the resultant consequences thereof will be to the detriment of the benefactor. Therefore a non-financial risk is that which if it happens there won't be any monetory consequence.


What does goods mean in financial terms?

anything bought or sold


What does 'tranche' mean in financial terms?

Tranche is a derivative of the same french word meaning "slice." In financial terms it means a part of a transaction, for example an investment could be divided by tranches and have varying terms and returns depending upon the tranche.


What does the phrase a bar mean in financial terms?

In financial terms, "a bar" typically refers to a representation of data in a bar chart, where each bar illustrates the value of a specific variable or metric over a set period. It can also denote a measurement of price levels in trading, indicating the range between the high and low prices of an asset over a defined timeframe. Additionally, "bar" can refer to a unit of measurement in commodities, such as a bar of gold.

Related Questions

What is does first generation refer to in terms of financial aid?

First member of a family to obtain an education


What does the term first generation refer to in terms of financial aid?

In the context of financial aid, "first generation" refers to students who are the first in their families to attend college or university. This designation often highlights their unique challenges in navigating higher education and financial processes, as they may lack familial guidance regarding college applications, financial aid options, and academic expectations. Many financial aid programs and scholarships specifically target first-generation students to help support their educational pursuits.


What is one generation after the other Called?

One generation after another is typically referred to as a "generation." Each generation is often defined as the time it takes for children to grow up and become adults, usually around 20 to 30 years. Terms like "first generation," "second generation," and so on are used to differentiate between these groups, especially in contexts such as immigration or social change. Additionally, terms like "Gen Z" or "Millennials" refer to specific cohorts within these generational classifications.


What does P refer to in biology?

In biology, P can refer to various terms such as phosphorus, phosphate groups in nucleic acids, proteins, or the parental generation in genetics. The specific context will determine the meaning of P in biology.


In terms of narration What does point of view refer to?

first-person narration


In financial terms what is the purpose of backtesting?

Backtesting is used in financial institutions to refer to testing of trading strategies or predictive models by using already existing historic data. Backtesting is considered a type of cross validation.


F1 refers to what in biology?

F1 refers to the first generation of offspring (children) of two individuals. It can refer to many different organisms, not just animals. P would be used to indicate the 2 parents, and F1 are their children (and F2 would be the second generation of offspring of P, so P's grandchildren and F1's children, and so on) These P and F terms are terms from the field of genetics, used in the study of natural populations and crossing experiments. A famous example is the crossing experiments with peas by Gregos Mendel, who was the fouder of these types of studies.


What is pf1f2 generations?

In genetics, the terms F1 and F2 refer to different generations of offspring in a breeding experiment. The F1 generation is the first filial generation, produced by crossing two parental (P) organisms with distinct traits. The F2 generation is derived from interbreeding the F1 individuals, leading to a wider variety of trait combinations due to recombination and segregation of alleles. This progression is fundamental in studying inheritance patterns and genetic variation.


Is fpc2 and fcp2 the same?

FPC2 and FCP2 are often used interchangeably in some contexts, but they can refer to different concepts depending on the industry or field. For example, in financial contexts, FPC2 might refer to a specific financial product or term, while FCP2 could denote a different financial classification or product. To determine if they are the same, it's essential to consider the specific context in which the terms are used. Always refer to the relevant documentation or sources for clarification.


What does the fittest mean in Darwin's terms?

In Darwin's terms, "fittest" refers to individuals who are best adapted to their environment, allowing them to survive and reproduce successfully. It does not necessarily refer to strength or physical fitness, but rather to an organism's ability to pass on its genes to the next generation.


What are the different types of terms that people use?

Terms of use refer to agreements for usage of products. Medical terms refer to common Latin based definitions of conditions. Terms in school can refer to quarters, semesters or years.


What does initial mean in medical terms?

The word initial could mean a few things in medical terms. It could refer to the initials of the degree a doctor has, or could refer to the first tests a patient may be required in order to get a diagnosis.