ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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REASONABLE CERTAINTY Definition
REASONABLE CERTAINTY is the degree of certainty that would be found to be in existence by a reasonable person.
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DELTA, in securities trading, is the relationship between an option price and the underlying futures contract or stock price. In general usage, it is the difference between two empirical data points, e.g. the delta between 4 and 6 is 2.
CHAPS is Clearing house automated payment system. A computerized payment system for clearing checks in the UK.
