STANDARD AND POORS Definition

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STANDARD AND POORS (S&P) 500 is an index of the 500 largest, most actively traded stocks on the New York Stock Exchange. It provides a guide to the overall health of the US stock market.

Learn new Accounting Terms

OWNERS DRAW see PROPRIETORS DRAW.

DEPOSITS IN TRANSIT is deposits made to a bank account that have not been credited to the bank statement.

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