matching

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Cash Flow Matching

The practice of matching returns on a portfolio to future capital outlays. That is, cash flow matching involves investing in certain securities with a certain expected return so that the investor will be able to pay for future liabilities. Pension funds and annuities perform the most cash flow matching, as they have future liabilities that are both large and relatively easy to estimate. Portfolios that perform cash flow matching usually invest in low-risk, investment-grade securities. The practice is also called portfolio dedication, matching, or the structured portfolio strategy.

matching

matching

the process of matching revenues and profits with the associated expenses incurred in earning these revenues. See ACCRUALS PRINCIPLE OF ACCOUNTING.
References in periodicals archive ?
Note that although the matching theory requires that the two types of banks share similar characteristics, there is no theoretical guide regarding "which" and "how many" characteristic variables should be used.
Accordingly, by using the last matching method (Mahala-Caliper), the FHC banks are successfully matched with the independent banks, thus fulfilling the prerequisite of the matching theory.
Toward that goal, the matching theory continues to serve as a foundation for furthering our understanding of the causes of socially mediated behavior specifically for individuals with disabilities and/or behavior disorders.
With the advent of hypotheses-based interventions and the focus on identification of multiple topographies within a functional response class, application of the matching theory to understand behavioral allocation has gained momentum.
The variation in k requires post hoc manipulations of matching theory, such as allowing for changes in response topography as a function of changes in reinforcer magnitude.
The work of Alvin Roth, from Harvard University, and Lloyd Shapley, from the University of California, Los Angeles, applied market design and matching theory as it relates to marriage, school choice and organ donations.