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Nonresidual: meaning, definitions and examples

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nonresidual

 

[ nɒnˈrɛzɪdʒuəl ]

Adjective
Context #1 | Adjective

financial context

The term 'nonresidual' refers to something that does not leave a residual or leftover amount after a calculation or transaction. In finance, it may pertain to revenues or expenses that are fully accounted for, meaning there is no excess or remaining funds after all applicable deductions or distributions are made. This could be relevant in various accounting practices, investment strategies, or financial analysis. Nonresidual elements are crucial for accurate financial reporting and budgeting, ensuring clarity and preventing misinterpretations of data.

Synonyms

complete, full, total

Examples of usage

  • The nonresidual profits were distributed evenly among shareholders.
  • This nonresidual cost must be factored into our budget.
  • Nonresidual values help keep financial statements clear.
  • We focused on nonresidual income for our financial review.

Translations

Translations of the word "nonresidual" in other languages:

🇵🇹 não residual

🇮🇳 गैर अवशिष्ट

🇩🇪 nicht residuell

🇮🇩 non-residu

🇺🇦 не залишковий

🇵🇱 nie resztkowy

🇯🇵 非残留

🇫🇷 non résiduel

🇪🇸 no residual

🇹🇷 kalıntı olmayan

🇰🇷 비잔여

🇸🇦 غير متبقي

🇨🇿 ne reziduální

🇸🇰 ne reziduálny

🇨🇳 非残留

🇸🇮 ne preostali

🇮🇸 ekki leifar

🇰🇿 қалдықсыз

🇬🇪 არასაწყისი

🇦🇿 qalıq olmayan

🇲🇽 no residual

Etymology

The term 'nonresidual' combines the prefix 'non-', which means 'not', with the word 'residual', derived from the Latin 'residuum', meaning 'that which remains'. The prefix 'non-' is commonly used in English to denote negation or absence. The concept of residuals has its roots in various fields, especially in economics and finance, where it often refers to remaining amounts after necessary deductions. The use of 'nonresidual' in English appeared as financial and analytical practices evolved, indicating a clear distinction between what remains and what is fully accounted for. This development of terminology reflects a growing need for precision in financial reporting and the management of economic resources.

Word Frequency Rank

With rank #42,889, this word is among the least frequently used in common English. Understanding it can be beneficial for comprehensive language mastery, but it's not essential for most learners.