ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
COST AVOIDANCE Definition
COST AVOIDANCE is an action taken in the present designed to decrease costs in the future.
Learn new Accounting Terms
RIGHTS, generally, is an entitlement to something, whether to concepts like justice and due process or to ownership of property or some interest in property, real or personal. In securities, it is a securities offering that gives the stockholder an option to purchase additional shares at a predetermined price. Frequently, the stock can be traded with the rights attached.
OBJECT CODE designates the type of expense or revenue to be charged to an account.