ACCOUNTING PERIOD Definition

Bookmark and Share

ACCOUNTING PERIOD is the time period for which accounts are prepared, usually one year.

Learn new Accounting Terms

CONSUMPTION SMOOTHING is aimed at protecting consumption patterns from the impact of shocks, and can take effect either before or after their occurrence. Post-shock responses include modifying consumption, raising income by mobilizing labor or selling assets, drawing on informal or formal sources of savings, or activating claims on informal insurance mechanisms.

BULLET is 1) A security with only one final maturity payment. 2) A fixed income investment strategy where securities of a single maturity (rather than barbelled or laddered maturities) are purchased.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.