ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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GROSS REVENUE Definition
GROSS REVENUE is income (at invoice values) received for goods and services over some given period of time. See also GROSS SALES.
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ARREAGE is unpaid dividends on cumulative preferred stock.
EFFICIENT MARKET THEORY is the hypothesis that market prices reflect the knowledge and expectations of all investors. Within this theory, investors who adhere to it believe it to be highly improbable that market movement can be predicted, i.e., using darts to chose stocks are just as effective as stock or market analysis.