ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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UNDERABSORBED OVERHEAD Definition
UNDERABSORBED OVERHEAD is where total overhead has not been fully allocated to products sold or services offered. Such a condition can result in an understatement of COGS or cost of sales.
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TIGHT MARKET is a market in which the spread, or difference, between the bid and asked price of a security is extremely small. It is usually an indication that there is an abundant supply of the security and it is being actively traded. See THIN MARKET.
RUBLE (ROUBLE, RUBLEI) is a currency of Russia, Tajikistan, Tatarstan, and Transnistria.
