ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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CATS Definition
CATS is Certificate of Accrual on Treasury Securities; a zero coupon bond created by stripping Treasury bonds.
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JOINT ACCOUNT is a financial account owned by two or more persons who share equally in the rights and liabilities of the account.
REVENUE JUSTIFIED is where the revenue realized from a product or service will pay for the cost and expenses of that product or service, i.e. the product or service will pay for itself.
