ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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BOOKKEEPING 2 Definition
BOOKKEEPING is the art, practice, or labor involved in the systematic recording of the transactions affecting a business.
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FLAT BOND is a bond in default that is quoted and traded without any consideration for accrued interest.
INVESTMENT is the purchase of real property, stocks, bonds, collectible annuities, mutual fund shares, etc, with the expectation of realizing income or capital gain, or both, in the future. Investment is longer term and usually less risky than speculation.