ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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FIELD TRIAL Definition
FIELD TRIAL is a test of the performance of a new product under the conditions under which it is intended be used.
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SECURITIZATION is the process of creating a pass-through, such as the mortgage pass-through security, by which the pooled assets become standard securities backed by those assets. Also, refers to the replacement of non-marketable loans and/or cash flows provided by financial intermediaries with negotiable securities issued in the public capital markets.
M1 is the narrowest measure of the U.S. money supply; includes currency in circulation plus demand deposits (checking account balances).