ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
DEFLATION is a contraction of economic activity resulting in a decline of prices.
Learn new Accounting Terms
GAAP is Generally Accepted Accounting Principles or Generally Accepted Accounting Procedures (less common).
EVENT RISK is the risk that the ability of an issuer to make interest and principal payments will change because of rare, discontinuous, and very large, unanticipated changes in the market environment such as (1) a natural or industrial accident or some regulatory change or (2) a takeover or corporate restructuring.