ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
INVESTMENT TRUST Definition
INVESTMENT TRUST is a company that invests a fixed amount of money in a variety of stocks and shares as a way of spreading risk. Investment trusts have fixed capital, unlike unit trusts, which can create or redeem units in response to demand.
Learn new Accounting Terms
FSC is Foreign Sales Corporation.
TARGET MARGIN is the desired profit on each sale; used to determine the selling price where the average total cost is known.