ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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COUNTRY RISK Definition
COUNTRY RISK is the risk a depositor takes when placing funds on deposit outside the United States. The host country where the funds are domiciled may decree that no fund may be expatriated, or sent out of that country, until the decree is lifted.
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NON-MONETARY ASSET see MONETARY ASSET.
CONVERTIBLE PREFERRED STOCK is preferred stock which can be converted into common stock at the option of the holder of the preferred stock.