Corridor Rule

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Definition: Corridor Rule

Corridor Rule
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Full Definition of Corridor Rule

An accounting standard that applies to the fluctuation of pension assets which must be reported as an increase of decrease in the value of plan assets. The rule, which requires positive or negative returns be reported if they exceed 10% of the plans assets, allows for gains and losses to spread out over time resulting in a smoothing effect.

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https://payrollheaven.com/define/corridor-rule/
Modern Language Association (MLA):
Corridor Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/corridor-rule/.
Chicago Manual of Style (CMS):
Corridor Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/corridor-rule/ (accessed: April 19, 2024).
American Psychological Association (APA):
Corridor Rule. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/corridor-rule/

Definition Sources

Definitions for Corridor Rule are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.