Thirteenth Month

Thirteenth Month

An accounting method that recognizes write-offs and unusual income in an artificially created 13th month. This allows an organization to consider the strength of its finances from ordinary operations in the other 12 months.
References in periodicals archive ?
4 per cent in September, with data released yesterday showing the thirteenth month running of increases as a recovery in the market spreads across the continent.
Though we saw a slight dip in April, it is encouraging to see Canada s manufacturing sector continued to grow for what is now the thirteenth month in a row, said Craig Wright, senior vice-president and chief economist, RBC.
This led companies to maintain their recent recruitment drives, with overall employment levels rising for the thirteenth month in a row, the survey said.
HSBC reported that suppliers' delivery times have lengthened for the thirteenth month in a row in December, but at a slower pace than in previous months.
In addition, for the thirteenth month of every year the card awards double cashback of 2.
Only two equations give a product of 13 (1 x 13 and 13 x 1), and the second one doesn't match a date because there is no thirteenth month.
THE North-east economy has grown for the thirteenth month in a row and at its fastest pace since April, new data has shown.
Beginning with the thirteenth month after implementation, the 18-34 DDI benchmark will be 80.
The region remained in recession for a thirteenth month in June, though the rate of decline was slower than at any time since the downturn began.
for a fiscal year shall submit its application to the Board not later than the first day of the thirteenth month ending on September 30 of the preceeding fiscal year.
In his severance agreement, CEO Robert Morrison has the right to exercise the severance trigger himself in the thirteenth month following a change of control.
This is achieved by taking a 100% long position in the components of the ISE Short Front Month Natural Gas Futures[TM] Index, which provides short (or inverse) exposure to the ISE Long Front Month Natural Gas Futures[TM] Index and an aggregate 100% long position in the components of the ISE Twelfth Month Natural Gas Futures[TM] Index, ISE Thirteenth Month Natural Gas Futures[TM] Index and ISE Fourteenth Natural Gas Futures[TM] Index (33.