ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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BEST BID Definition

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BEST BID is the highest quoted bid of all competing Market Makers to buy a particular stock at any given time.

 

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ACCOUNTING TIMING DIFFERENCE is the effect that a defered accounting event would have on the financials if taken into consideration e.g., the release of a deferred tax asset to the income statement as a deferred tax expense (ie the reversal of an accounting timing difference).

PUBLIC CORPORATION is a corporation formed by federal, state or local governments for specific public purposes.


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