FAS 87 definition

FAS 87 means Statement of Financial Accounting Standards No. 87.
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FAS 87 shall have the meaning ascribed to it in Section 5.7(c)(v).
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FAS 87 means Statement of Financial Accounting Standards No.87 “FAS 88” means Statement of Financial Accounting Standards No.88 “FAS 132” means Statement of Financial Accounting Standards No. 132 “PBO” means the projected benefit obligation as defined in FAS 87 “VBO” means the vested benefit obligation as defined in FAS 87
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Examples of FAS 87 in a sentence

  • The Contractor shall ensure that DOE receives copies of all annual reports, actuarial reports, FAS 87 and FAS 106 data and other reports as required by the ContractingOfficer.

  • Applying the discount rate used by the Company to calculate the FAS 87 expense, the present value of the Participant’s retirement benefit will be calculated by the Administrator.

  • The Contractor shall ensure that DOE receives copies of all annual reports, actuarial reports, submissions of FAS 87 and 106 data, as applicable, and other reports, as required by the Contracting Officer.

  • For example, for a reporting entity that adopted FAS 87 (the primary source of ASC 715-30) in 1987, a change in determining the market-related value of plan assets would conceptually be applied retroactively starting in 1987 and pension cost for each year thereafter would be recomputed under the new method up to the beginning of the year that the new method is adopted.

  • Pensions: market-related value FAS 87, Employers' Accounting for Pensions, requires the expected return on plan assets to be determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

  • Copies of the actuarial valuation reports or FAS 87 reports for such plans have been made available to the New Investor.

  • The Contractor shall coordinate with the HSPP Administrator to ensure DOE receives an annual reporting and accounting of the Contractor’s pension obligations, pursuant to Financial Accounting Standard (FAS) 87, for those employees participating in the HSPP and supply the Administrator with all the information necessary to maintain the Federal tax qualifications of all Contractor and Hanford Site pension plans.

  • Under FAS 87, companies are required to book pension expense or income based on actuarial studies conducted by certified actuaries.

  • The Commission, however, finds that the pension income reflected in the Company's proposed adjustment is not a "proposal" but reflects the amount that the Company is, in fact, required to book during 2002 based on Financial Accounting Standard No. 87 ("FAS 87").

  • Unlike FAS 87, which allows for delayed recognition in net periodic pension cost of certain unrecognized amounts, FAS 88 requires immediate recognition of certain costs arising from settlements and curtailments of defined benefit plans.


More Definitions of FAS 87

FAS 87 means Statement of Financial Accounting Standards No. 87, Employer's Accounting for Pensions, issued by the Financial Accounting Standards Board of the Financial Accounting Foundation in December 1985, as amended, supplemented or replaced from time to time.
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FAS 87 shall have the meaning set forth in Section 5.20(f) hereof.
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FAS 87 means the Statement of Financial Accounting Standards No. 87.
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FAS 87 has the meaning set forth in Section 3.13(b).
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FAS 87 is hereby added to Section 1.01 of the Revolving Credit Agreement in proper alphabetical order:
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FAS 87 has the meaning set forth in the SPA.
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Related to FAS 87

  • FAS means Free alongside shipment

  • OPWC means the Ohio Public Works Commission created pursuant to Revised Code Section 164.02.

  • FASB means the Financial Accounting Standards Board.

  • ASC Topic 718 means the Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation – Stock Compensation, as amended or any successor accounting standard.

  • EBITA means for any period, operating profit (loss) plus (i) amortization, including goodwill impairment, (ii) amortization of non-cash distribution and marketing expense and non-cash compensation expense, (iii) restructuring charges, (iv) non-cash write-downs of assets or goodwill, (v) charges relating to disposal of lines of business, (vi) litigation settlement amounts and (vii) costs incurred for proposed and completed acquisitions.

  • ECFMG means the Educational Commission for Foreign Medical Graduates, an organization that assesses the readiness of international medical school graduates to enter ACGME-approved residency programs in the United States of America.

  • PFAS means a perfluoroalkyl or polyfluoroalkyl substance.

  • Earnings from Operations for any period means net earnings excluding gains and losses on sales of investments, extraordinary items and property valuation losses, as reflected in the financial statements of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Cold Weather Alert means the notice that PJM provides to PJM Members, Transmission Owners, resource owners and operators, customers, and regulators to prepare personnel and facilities for expected extreme cold weather conditions.

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.

  • Peak tube potential means the maximum value of the potential difference across the x-ray tube during an exposure.

  • 2 Wire Analog Voice Grade Loop or “Analog 2W” provides an effective 2-wire channel with 2-wire interfaces at each end that is suitable for the transport of analog Voice Grade (nominal 300 to 3000 Hz) signals and loop-start signaling. This Loop type is more fully described in Verizon Technical Reference (TR)-72565, as revised from time-to-time. If “Customer-Specified Signaling” is requested, the Loop will operate with one of the following signaling types that may be specified when the Loop is ordered: loop-start, ground-start, loop- reverse-battery, and no signaling. Customer specified signaling is more fully described in Verizon TR-72570, as revised from time-to- time. Verizon will not build new facilities.

  • ASC means the Financial Accounting Standards Board Accounting Standards Codification, as in effect from time to time.

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • NOPAT means cash adjusted net operating profits after taxes for the Plan Year, calculated as follows:

  • ODA means the Ohio department of aging.

  • Return on Equity means the percentage equal to the Company’s Net Income divided by average stockholder’s equity, determined in accordance with generally accepted accounting principles.

  • Asynchronous store and forward means the transmission of a patient's medical information from an originating site to the health care provider for telehealth at a distant site without the presence of the patient.

  • Hot Weather Alert means the notice provided by PJM to PJM Members, Transmission Owners, resource owners and operators, customers, and regulators to prepare personnel and facilities for extreme hot and/or humid weather conditions which may cause capacity requirements and/or unit unavailability to be substantially higher than forecast are expected to persist for an extended period.

  • PTCE 95-60 As defined in Section 5.02(b). PUD: A planned unit development.

  • SSAP means a sporting sanctions appeal panel to be appointed to determine an appeal against a deduction of points under Rule 13.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.

  • COVID-19 Pandemic means the epidemic, pandemic or disease outbreak associated with COVID-19.

  • COVID-19 means SARS-CoV-2 or COVID-19, and any evolutions thereof or related or associated epidemics, pandemic or disease outbreaks.

  • Discontinued Operations means operations that are accounted for as discontinued operations pursuant to Applicable GAAP of the Issuer for which the Disposal of such assets has not yet occurred.

  • Biennium means the two year period of licensure beginning in an odd numbered year and ending in the next odd numbered year for the Registered Nurse and the two year period of licensure beginning in an even-numbered year and ending in the next even numbered year for the Licensed Practical Nurse.