ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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PRIME BROKERS Definition
PRIME BROKERS are providers of back-office administration and stock lending for hedge funds.
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INCREMENTAL COST is the increase or decrease in costs as a result of one more or one less unit of output.
SPLIT PAYMENT allows the customer to: a. pay part of the bill with cash and part with a credit card; or, b. apply portions of payments across several invoices.