Excel

Absolute Address in a Spreadsheet
An Absolute Address in a spreadsheet refers to a fixed location that does not change when a formula is copied to another location. This is in contrast to a Relative Cell Reference which adjusts based on the new location of the formula.
Argument (in Computer Spreadsheet Programs)
An argument in a computer spreadsheet program refers to the values that must be specified for a given function to execute properly. For instance, in Excel, the PMT function calculates the periodic payment for a loan based on specified arguments like interest rate, number of periods, and principal amount.
Cell (Spreadsheet)
A cell is the intersection of a row and a column in a table, particularly within a spreadsheet. It serves as the basic unit for storing data in programs such as Microsoft Excel, Google Sheets, and other spreadsheet applications.
Pivot Table
A pivot table is a powerful data analysis tool that allows users to summarize, sort, reorganize, group, count, total, or average data stored in a database. It is essential in data processing for its ability to multi-dimensionally analyze and curate data.
Relative Cell Reference
A Relative Cell Reference in computer spreadsheet programs identifies the position of a cell in relation to another cell. When the reference is copied to a new location, it adjusts to refer to a cell in the same relative position.
Spreadsheet
A computer application used for tabular calculations and complex financial modeling, capable of housing text, numbers, and formulas within a structured matrix of cells in rows and columns.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.