ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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SHARE Definition

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SHARE is one unit of ownership interest in a company, mutual fund, limited partnership, etc.

 

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DISTRIBUTABLE CASH is a common term used by income funds to describe the amount of cash that is available to meet distribution obligations of the fund. Distributable cash does not have a standard meaning and may be calculated differently by different income funds.

ACCRUED VACATION see ACCRUED LIABILITY.


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