residual

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residual

1. (of deposits, soils, etc.) formed by the weathering of pre-existing rocks and the removal of disintegrated material
2. payment made to an actor, actress, musician, etc., for subsequent use of film in which the person appears

residual

(ri-zij -û-ăl) The difference between an observed quantity, such as the position of a comet or the magnitude of a variable star, and its expected or calculated value.

residual

[rə′zij·ə·wəl]
(geology)
Of a mineral deposit, formed by either mechanical or chemical concentration.
Pertaining to a residue left in place after weathering of rock.
Of a topographic feature, representing the remains of a formerly great mass or area and rising above the surrounding surface.
References in periodicals archive ?
Purchase Option: Customer will have the option to purchase the vehicle from Meezan Bank at a pre-agreed Residual Value.
This increase in residual values has made a positive contribution to the X-Trail's whole-life costs, with the new version 10% less to run on a pence-per-mile basis when compared with the outgoing model.
The continually improving perception of quality offered by Hyundai cars has helped the company to overtake Toyota, Nissan, VW and Ford to claim second place in ALG's 2012 Mainstream Brand Residual Value Rankings.
FASTFACTS HPI's top ten convertibles by residual value Audi TT Roadster Audi A3 Cabriolet MINI Convertible (New) BMW 3 SERIES Convertible BMW 1 SERIES Convertible BMW Z4 Coupe Cabrio Mercedes SLK Porche BOXSTER Audi A5 Convertible Jaguar XK Convertible
Illustrations 8-9: Illustration 8 is a leasing transaction in which the tax consequences depend on whether the leased property is reasonably expected to have a residual value of 15% of its value at the beginning of the lease.
A member is assisting a taxpayer with evaluating a proposed equipment leasing transaction in which the estimated residual value of the equipment at the end of the lease term is critical to the tax consequences of the lease.
Residual value is the amount an entity expects to obtain for an asset at the end of its useful life.
In addition to a single aircraft residual value guarantee (or option) stochastic model and pricing tool that is already available, the site will also host the following models: aircraft residual value guarantee/option portfolio stochastic model and pricing tool; an aircraft lease income portfolio deterministic (stress model); an aircraft lease income portfolio stochastic model; and an EETC deterministic (stress) model.
The lessee must either pay the residual value of the vehicle at the end of the lease term or transfer the vehicle back to the lessor.
That's the difference between the residual value (what the car is worth at lease end) and the net capitalized cost (what you pay for the car).
Because a typical vehicle will have a useful life of five or more years, there is a substantial residual value at the end of the lease, often around 50 percent of the vehicle's original cost.
It examines the following: * the annual projected after-tax cash flows the foundry will generate; * the cash flows discounted at an appropriate rate of return, taking into account the relative risk of not realizing the projected cash flow and the time value of encumbered funds; * the estimated residual value of the asset at the end of its remaining useful life; * the residual value converted to its present value equivalent; * the present value of the after-tax cash flow combined with the present value of the determined residual.