AAA-CPA Definition

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AAA-CPA is American Association of Attorney-Certified Public Accountants.

Learn new Accounting Terms

GENERAL OBLIGATION BOND (GO) is a municipal bond that represents the full taxing power of the issuing authority behind the repayment of principal and interest.

PICKUP, in securities, is the higher yield obtained in a swap transac­tion-that is, the improved yield on the item being purchased relative to the selling yield on the security being liquidated.

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