Component unit definition

Component unit means an entity for which the nature and significance of its relationship with the board or institution is such that exclusion would cause the board's or institution's financial statements to be misleading or incomplete.
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Component unit means a separate legal entity from a local government whose financial statements must be included in the annual audit of that local government conducted pursuant to NRS 354.624.
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Component unit means a unit of local government within the Tax District if the primary entity has administrative responsibility for the budget adoption and operation and management of transit services provided by the unit. The primary entity shall report in its financial statements information about the relationship between any component unit(s) and the primary entity.
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Examples of Component unit in a sentence

  • Component Unit- Component unit reporting is assigned for two separate units of city government.

  • Component unit assets required to be held and/or used according to donor specifications have been reported as restricted assets.

  • Component unit – Investments of the Cowley College Foundation consists of mutual funds, treasury obligations, certificates of deposits, and other investments.

  • Any follow-on duty away from the PDS (to include involuntary reassignment to another Reserve Component unit for the purpose of cross-leveling members to support operational missions) is considered temporary duty/temporary additional duty (TDY/TAD).

  • Component unit general funds should be presented in the Special Revenue column of the AFR.

  • Component unit should be included in County’s financial statements.

  • Component unit capital assets include land, buildings and improvements, industrial park, office equipment, and signs.

  • Component unit material receivables consist of due from other governments and various fee receivables.

  • Component unit columns on the combined statements are shown after the college and university funds.

  • The largest destination of the investment stock goes to the rest of Asia, followed by Latin America, Europe, and Africa.


More Definitions of Component unit

Component unit means a legally separate entity required to be reported in the financial statements of an agency or LPB due to the entity’s close financial relationship with the primary agency or LPB.
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Component unit means an entity for which the nature and
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Component unit or “SEPARATE COMPONENT UNIT” shall refer to a unit of local government within the Tax District if the primary entity has administrative responsibility for the budget adoption and operation and management of transit services provided by the unit. The primary entity shall report in its financial statements information about the relationship between any component unit(s) and the primary entity. The primary entity also is required to report Wake Transit Plan Revenues, expenditures and fund balance in columns separate from the primary entity’s financial data in its annually audited statements.
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Component unit means a Cash Instrument Unit and following an Interest Rate Hedge Event, a Bond Unit;
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Component unit shall refer to any authority, district, board, or commission whose employees participate in the Bay County Employees’ Retirement System.
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Component unit means a Component Unit of the City as reported in the City’s Annual Comprehensive Financial Report (ACFR).
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Related to Component unit

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Component Balance With respect to any Component and any Distribution Date, the Initial Component Balance thereof on the Closing Date, (A) plus any increase in the Component Balance of such Component pursuant to Section 4.02 due to the receipt of Subsequent Recoveries, (B) minus the sum of all amounts applied in reduction of the principal balance of such Component and Realized Losses allocated thereto on previous Distribution Dates.

  • Class D Component The Component having such designation.

  • Component part means any part of a vehicle, other than a tire, having a component part number.

  • Initial Component Balance As specified in the Preliminary Statement.

  • Class C Component The Component having such designation.

  • Class B Share means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Component Notional Amount Not applicable.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Class B Component The Component having such designation.

  • SPE Component Entity shall have the meaning set forth in Section 5.1 hereof.

  • Heat unit means a unit of energy equal to the product of the peak kilovoltage, milliamperes, and seconds, i.e., kVp x mA x second.

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • apartment unit means any residential dwelling unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • Class A-S Component The Component having such designation.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • Component Principal Balance As of any date of determination, either the PO-1 Component Principal Balance on such date or the PO-2 Component Principal Balance on such date as applicable.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Common Unit Price has the meaning specified in Section 2.1(b).

  • Replacement unit means a landfill, surface impoundment, or waste pile unit from which all or substantially all of the waste is removed, and which is subsequently reused to treat, store, or dispose of hazardous waste. Replacement unit does not include a unit from which waste is removed during closure, if the subsequent reuse solely involves the disposal of waste from that unit and other closing units or corrective action areas at the facility, in accordance with a closure or corrective action plan approved by USEPA or the Agency.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Class D Unit means a Partnership Unit entitling the holder thereof to the rights of a holder of a Class D Unit as provided in this Agreement.

  • Class E Component The Component having such designation.