ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
CONSORTIUM Definition
CONSORTIUM is an association of companies for some definite purpose.
Learn new Accounting Terms
DISSOLUTION is the act of ending, terminating or winding-up a company or state of affairs. For example, when the life of a company is ended by normal legal means, it is said to be "dissolved". The same is said of marriage or partnerships which, by dissolution, end the legal relationship between those persons formally joined by the marriage or partnership.
SECURED TRANSACTION is the right to repossess goods as security for payment of a debt.
