ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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IFA Definition

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IFA in International Federation of Accountants.

 

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OUT-OF-P0CKET are expenses requiring an outlay of cash in a given time period, e.g., payroll, advertising and other operating expenses, but not depreciation.

BEAR MARKET is a period of falling share prices; a pessimistic state of affairs.


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