ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
MONETARY POLICY Definition
MONETARY POLICY is U.S. Federal Reserve actions to influence the availability and cost of money and credit as a means of helping to promote high employment, economic growth, price stability and a sustainable pattern of international transactions. Tools of monetary policy include open market operations, adjustments in reserve requirements and changes in the discount rate.
Learn new Accounting Terms
CONSUMMATE is to bring to completion or fruition; conclude, e.g., consummate a business transaction.
GOING RATE is an expression that means the cost of the average of suppliers of like products or services. The connotation is that the cost will be "no more expensive than the competition."