ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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UNDERWRITERS DISCOUNT Definition

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UNDERWRITERS DISCOUNT is the differential between the price paid to the issuer for the new issue and the prices at which the securities are initially offered to the investing public.

 

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OPERATING RATIO measures a firms operating efficiency; calculated: company operating expenses divided by its operating revenues.

GARNISH is to take a debtors wages under a legal order, e.g. for child support or an IRS tax liability.


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