ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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UNDERWRITERS DISCOUNT Definition
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.