FUNDS FROM OPERATIONS


Meaning of FUNDS FROM OPERATIONS in English

Used by real estate and other investment trusts to define the cash flow from trust operations. It is earnings with depreciation and amortization added back. A similar term increasingly used is Funds Available for Distribution (FAD), which is F.F.O. less capital investments in trust property and the amortization of mortgages.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.