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General accounting

Use this category for general accounting terms.

Contributors in General accounting

General accounting

account hold

Accounting; General accounting

Restriction placed by a bank (or by some other competent authority) on an account holder's ability to access his or her funds. This may happen when the balance in the account is pledged as a ...

account inquiry

Accounting; General accounting

Request by a bank or a lender to the applicant's bank for a copy of the applicant's account history, in connection with credit approval or renewal of a loan facility.

account measurement

Accounting; General accounting

This determines values that are measured as dollars as products.

account number

Accounting; General accounting

Code which identifies the holder of a bank account. Credit cards, for example, have a 16 digit account number as specified by both MasterCard and Visa organizations. Also called account code.

account payee only

Accounting; General accounting

Words added to the crossing on a check to ensure that check is paid only into the account of the entity to whom the check is made out. This step makes a check a non-negotiable instrument, and ...

behavioral accounting

Accounting; General accounting

A type of system that factors in the values of the individuals leading the companies instead of focusing on the actual costs involved in operating the company. This system is often referred to as ...

below cost

Accounting; General accounting

The recognition of a price expense when it has been incurred. This expense does not get recorded until payment has been recorded.

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