HSBC 2007 Annual Report Download - page 466

HSBC HOLDINGS PLC
Glossary
464
Accounting terms used US equivalent or brief description
Accounts Financial Statements
Articles of Association Bylaws
Associates Long-term equity investments accounted for using the equity method
Attributable profit Net income
Balance sheet Statement of financial position
Bills Notes
Called up share capital Ordinary shares, issued and fully paid
Capital allowances Tax depreciation allowances
Creditors Payables
Debtors Receivables
Deferred tax Deferred income tax
Depreciation Amortisation
Finance lease Capital lease
Freehold Ownership with absolute rights in perpetuity
Interests in associates and
joint ventures
Long-term equity investments accounted for using the equity method
Loans and advances Lendings
Loan capital Long-term debt
Nominal value Par value
One-off Non-recurring
Ordinary shares Common stock
Overdraft A line of credit, contractually repayable on demand unless a fixed-term has been agreed,
established through a customer’s current account
Preference shares Preferred stock
Premises Real estate
Provisions Allowances
Share capital Ordinary shares or common stock issued and fully paid
Shareholders’ equity Stockholders’ equity
Share premium account Additional paid-in capital
Shares in issue Shares outstanding
Write-offs Charge-offs
Abbreviations used Brief description
ABCP Asset-backed commercial paper
ADR American Depositary Receipt
ADS American depositary share
AIEA Average interest-earning assets
ALCO Asset and Liability Management Committee
ARM Adjustable-rate mortgage
ASF Asset and Structured Finance
Asscher Asscher Finance Ltd, a structured investment vehicle managed by HSBC
ATM Automated teller machines
AUM Assets under management
Banca Nazionale Banca Nazionale del Lavoro SpA
Bank of Bermuda The Bank of Bermuda Limited, which was acquired in February 2004
Bank of Communications Bank of Communications Co., Limited, mainland China’s fifth largest bank in which
HSBC currently has 19.01 per cent interest
Basel Committee The Basel Committee on Banking Supervision
Basel I The 1988 Basel Capital Accord
Basel II The Final Accord of the Basel Committee on proposals for a new capital adequacy
framework
BHCA US Bank Holding Company Act of 1956
BIB Business Internet Banking