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| Subject:
accounting
Category: Business and Money > Accounting Asked by: neddy2352-ga List Price: $2.00 |
Posted:
11 Jan 2006 15:32 PST
Expires: 10 Feb 2006 15:32 PST Question ID: 432206 |
In accounting terms what are the definitions of the following, BOOT and BOO? |
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| Subject:
Re: accounting
From: omnivorous-ga on 11 Jan 2006 15:47 PST |
In finance, BOO is "build own and operate" -- http://www.wtd.it/pf_glossary.htm Google search strategy: define: BOO Best regards, Omnivorous-GA |
| Subject:
Re: accounting
From: ratty_-ga on 11 Jan 2006 15:50 PST |
BOOT: Build Own Operate and Transfer Ratty |
| Subject:
Re: accounting
From: massdude-ga on 17 Jan 2006 17:37 PST |
Boot is the difference between the value of two assets exchanged in a non-cash transaction. Boot is the cash paid to equalize the exchange. Thus, if you want to trade me your boat (worth $15,000) for my car (worth $20,000), we would make the trade and then make up the difference between the values of the assets by you paying me $5,000 boot. That makes the trade fair---$20,000 value from you (boat + boot) and $20,000 from me (car). |
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