Seasonal Adjustment
A statistical technique used to remove the effect of normal seasonal fluctuations in data so underlying trends become more evident. For example, the seasonally-adjusted unemployment rate smoothes out the changes in unemployment due to the typical seasonal hiring in the summer and layoffs in the winter for workers in industries such as agriculture and construction. |
Similar financial terms
Cumulative Translation Adjustment (CTA) accountAn entry in a translated balance sheet in which gains and/or losses from translation have been accumulated over a period of years. The CTA account is required under the FASB No. 52 rule.
