Home > Industry/Domain > Economy

Economy

Pertaining to the system or range of economic activity in a country, region, or community.

6Categories 106534Terms

Add a new term

Contributors in Economy

Economy > Forex

accounting equation

Economy; Forex

A form of double entry bookkeeping which identifies the debit and credit elements in a transaction.

account reconciliation

Economy; Forex

The process of matching all checkbook debits and credits to the final bank statement.

accounts receivable

Economy; Forex

An amount of money that a firm is owed by another party for goods sold or services rendered.

accounts receivable financing

Economy; Forex

The selling of a firm’s accounts receivable, at a discount, to a factor, who then assumes the risk of the account debtors and receives cash as the debtors settle their accounts.

account statement

Economy; Forex

Any document designed to summarize and record all transaction activity in a given accounting period.

accreted value

Economy; Forex

The price a bond would fetch in the open market assuming current market interest rates were held constant.

accrual basis accounting

Economy; Forex

A method of accounting that tracks revenues and expenses as they are incurred.