ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
SIMPLE INTEREST Definition
SIMPLE INTEREST is interest computed on principal alone, as opposed to compound interest which includes accrued interest in the calculation.
Learn new Accounting Terms
EX-WORKS see EX-FACTORY.
TWO PARTY CHECK is a check made out from one individual to another, i.e. only two entities are involved in the transaction.