Glossary
HSBC Bank USA, N.A.
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To assist you in readily understanding the use of British terminology in the HSBC Holdings plc Annual Reports, we have provided this glossary which provides the corresponding American report terminology for the phrases or terms listed below. |
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| Accounts | Financial Statements |
| Allotted | Issued |
| Articles of Association | By-laws |
| Associate | Long-term equity investments accounted for by 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 |
| Dealings | Trading |
| Debtors | Receivables |
| Deferred tax | Deferred income tax |
| De-mutualising | Process by which a mutual society is converted into a public limited company |
| Depreciation | Amortisation |
| Fees and commissions payable | Fees and commissions expense |
| Fees and commissions receivable | Fees and commissions income |
| Finance lease | Capital lease |
| Freehold | Ownership with absolute rights in perpetuity |
| Interest payable | Interest expense |
| Interest receivable | Interest income |
| Interests in associated undertakings | Long-term equity investments accounted for by the equity method |
| Loans and advances | Lendings |
| Loan capital | Long-term debt |
| Memorandum items | Contingencies and commitments; off balance- sheet items |
| Nominal value | Par value |
| One-off | Non-recurring |
| Ordinary shares | Common stock |
| Other participating interests | Long-term equity investments accounted for by the cost method |
| Overdraft | A line of creditm 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 |
| Profit and loss account | Income statement |
| Profit and loss account reserve | Retained earnings |
| Provisions | Allowances |
| Revaluation reserve | Increase or temporary decrease in the valuation of certain assets as comparesd with historical cost |
| Share capital | Ordinary shares or common stock issued and fully paid |
| Shareholders' funds | Stockholders' equity |
| Share premium account | Additional paid-in capital |
| Shares in issue | Shares outstanding |
| Tangible fixed assets | Property and equipment |
| Undistributable reserves | Restricted surplus |
| Write-offs | Charge-offs |
