Human Relations
The Human Relations school of management theory emphasizes the importance of understanding human motivation in the workplace, focusing on recognition, encouragement, and rewarding individual contributions.
Human Relations Skills
Human relations skills are management skills that facilitate effective interactions with personnel. These skills include leadership, communication, decision-making, negotiation, counseling, and conceptual skills.
Human Resource Accounting (HRA)
Human Resource Accounting (HRA) involves reporting and emphasizing the value of the contributions of skilled and loyal employees to a firm's earning potential, and matching an organization's job requirements with the skills and abilities of its labor force in terms of measuring employee productivity contributions.
Human Resource Accounting (Human-Asset Accounting)
Human Resource Accounting attempts to recognize and quantify an organization's human resources in monetary terms, placing value on factors such as the age, experience, and future earnings power of employees.
Human Resources
Human resources refer to the personnel pool available to an organization. They are considered the most crucial resources within any organization, ensuring that the right number and kind of people are available at the right time and place to meet organizational needs.
Human Resources Management (HRM)
Human Resources Management (HRM) represents an evolution from traditional personnel management, placing emphasis on leveraging an organization's human resources to achieve strategic goals. HRM encompasses recruitment, compensation, employee relations, and policy development to maximize employee performance and satisfaction.
Human-Information Processing (HIP)
Human-Information Processing (HIP) is a theoretical framework used to understand how humans perceive, process, store, and use information. It is essential in diverse fields like psychology, cognitive science, and artificial intelligence.
Hundred-Percent Location
A Hundred-Percent Location, also known as a One-Hundred-Percent Location, refers to a prime area in a city or a town that garners the highest market values and foot traffic. These locations are in high demand due to their strategic positioning, offering businesses substantial visibility and profitability prospects.
Hunkering Down
**Hunkering Down** is a slang term used in the context of business and economics to describe taking a defensive stance and adopting a conservative strategy, usually in anticipation of tough conditions or to weather through a downturn. Companies often hunker down by reducing expenditures, postponing expansion plans, and preserving resources to maintain stability until the business environment improves.
Hunt and Peck
The 'Hunt and Peck' typing method is a technique where individuals type by looking at the keyboard and pressing keys individually or with one or two fingers. This approach is contrasted with 'touch typing,' which involves typing without looking at the keyboard using all fingers.
Hurdle Rate
The hurdle rate is the minimum rate of return on an investment or project that a manager or company seeks to achieve before it generally discusses or explores the project. This rate is also known as the required rate of return or the benchmark rate.
Hush Money
Hush money refers to cash given to assure the silence of the receiver, often in a manner akin to a bribe. It is typically used to keep certain information confidential, preventing it from becoming public knowledge.
Hybrid Accounting Methods
Hybrid Accounting Methods are those accounting practices that incorporate elements from both cash and accrual accounting methods to better reflect a taxpayer's income. Used when authorized by the Treasury Regulations, and if consistently applied.
Hybrid Annuity
A hybrid annuity is a contract offered by an insurance company that combines the benefits of both fixed and variable annuities, offering a balance between guaranteed returns and potential for higher earnings.
Hybrid Financial Instrument
Hybrid Financial Instruments are synthetic financial instruments formed by combining two or more individual financial instruments, such as a bond with a warrant attached. They blend features of both debt and equity, providing the benefits of both categories.
Hybrid Investment/Security
A hybrid investment or security combines features of multiple types of financial instruments. These investment vehicles are crafted to provide a mix of benefits from the different underlying instruments they are associated with. For example, a structured note could resemble a bond but have its interest rate linked to the performance of an underlying commodity.
Hybrid Pension Plan
A Hybrid Pension Plan is a general term encompassing pension plans that incorporate elements of both defined-contribution and defined-benefit plans, offering versatility in retirement planning.
Hybrid Vehicle
A hybrid vehicle uses two or more types of propulsion systems, commonly combining internal combustion engines and electric motors. This technology enhances fuel efficiency and reduces emissions.
Hygiene Factors
Developed by Frederick Herzberg, Hygiene Factors are essential elements that do not motivate employees on their own but are critical to maintaining employee satisfaction. These include salary, benefits, human relations skills, and working conditions. Their absence leads to dissatisfaction.
Hype
In broadcasting, hype refers to special promotional activities within programming presented by a station or network to attract a larger audience and thereby achieve higher audience ratings for a specific period. This practice is also known as hypo.
Hyperinflation
A situation in which levels of inflation are so high that money becomes virtually worthless and monetary exchange breaks down. The appropriate accounting treatment is set out in Section 31 of the Financial Reporting Standard applicable in the UK and Republic of Ireland. UK listed companies must apply International Accounting Standard 29.
Hyperlink
A clickable word, phrase, or image on a web page that enables navigation to another page on the same site or another site on the World Wide Web.
Hypertext
Hypertext, also known as hyperdocuments, refers to electronic documents that present information readable through non-linear pathways by following multiple connections or links.
Hypertext Markup Language (HTML)
Hypertext Markup Language (HTML) is a tag-based ASCII language used for creating pages on the World Wide Web. It is the backbone technology that structures the content on the web.
Hypertext Transfer Protocol (HTTP)
The Hypertext Transfer Protocol (HTTP) is a foundational protocol used for transmitting hypermedia documents, such as HTML, on the World Wide Web. It defines how messages are formatted and transmitted, and how web servers and browsers should respond to various commands.
Hypertext Transfer Protocol (HTTP)
HTTP is a foundational protocol used by the World Wide Web to transfer hypertext documents, primarily HTML files, across the internet.
Hypothecate
To pledge something as security without turning over possession of it. Hypothecation creates a right in the creditor to have the pledge sold to satisfy the claim out of the sale proceeds.
Hypothecation
Understanding Hypothecation: A comprehensive guide to its definitions, applications, and implications in banking, shipping, and tax allocation.
Hypothesis
In empirical research, a hypothesis is an assertion made about some property of the elements being studied. It serves as a guiding assumption early in an investigation, directing the search for supporting data. At the conclusion of the study, the hypothesis is tested and determined to be true or false depending on whether the proposed property accurately characterizes the elements.
Hypothesis Testing
Hypothesis testing is a statistical procedure that involves making a formal decision about whether a statement (hypothesis) about a population parameter should be accepted or rejected based on sample data.
Hypothetical Condition
A Hypothetical Condition is a situation assumed to be true for the purposes of analysis or appraisal, even though it is contrary to known facts.
Maslow's Hierarchy of Needs
Maslow's Hierarchy of Needs is a psychological theory proposed by Abraham Maslow, which categorizes human needs into five levels, ranging from basic physiological needs to higher-order self-actualization needs.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.