ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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SAVINGS DEPOSITS Definition

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SAVINGS DEPOSITS see SAVINGS ACCOUNTS.

 

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LEMON is a. an investment with a poor or negative rate of return or a purchase made where the product has continuing problems, e.g. a lemon of an automobile; or, b. an asset that is in continual need of repair, e.g. an automobile can be referred to as a lemon.

SAS see STATEMENTS OF AUDITING STANDARDS.


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