ACCOUNTING INCOME Definition

Bookmark and Share

ACCOUNTING INCOME is the income derived through historical accrual based accounting. Income = the change in net assets occurring during the period excluding transactions with owners; i.e. transaction based.

Learn new Accounting Terms

STOCK CERTIFICATE is a certificate establishing ownership of a stated number of shares in a corporations stock.

TIGHT MARKET is a market in which the spread, or dif­ference, between the bid and asked price of a security is extremely small. It is usually an indication that there is an abundant supply of the security and it is being actively traded. See THIN MARKET.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.