ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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ALL OTHER CURRENT ASSETS Definition
ALL OTHER CURRENT ASSETS relates to any other current assets. Does not include prepaid items.
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OFF-BOOK PARTNERSHIP is a type of blind trust. It offers some advantages over the traditional methods of capital procurement. In some cases there is a fatal lack of transparency (e.g. Enron) that allows off-book partners to hide debts, pump profits, launder money and enrich insiders, but ultimately bankrupting the company and stripping assets from its employees' pension funds. See BLIND TRUST.
PENCE is a currency of Falkland Islands, St. Helena, and United Kingdom.