ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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STATUTE Definition
STATUTE is an act passed by a legislative body, e.g. U.S. Congress.
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UNQUALIFIED OPINION is an independent auditors opinion that a companys financial statements comply with accepted accounting procedures. See QUALIFIED OPINION.
PERPETUAL is a fixed income security with no maturity date, such as a preferred stock with no sinking fund.
