ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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STRIPS, in securities, is dividing a Treasury bond or mortgage-backed security into its principal and interest payments and selling the claims to these payments as new and separate securities. The principal portion is called a principal only (PO) security, and the interest portion is called an interest only (IO) security
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NEW SHEKEL (SHEQEL, SHEQALIM, SHEKALIM) is a currency of Israel.
LIFTING & OPERATING EXPENSE (LOE), in the oil/energy industry, within any accounting period, it is all cash costs incurred in connection with the running and maintenance of production wells.