ACCRUED ASSETS Definition

ACCRUED ASSETS are assets from revenues earned but not yet received.

Learn new Accounting Terms

ADR see AMERICAN DEPOSITORY RECEIPTS.

REVOLVING CREDIT is a line of credit extended to customers who may use it as often as desired up to a certain dollar limit. Items purchased using this line of credit may be paid in full upon receipt of a monthly statement, or they may be paid for in several installments, for which an interest charge is added. Also known as REVOLVING LINE OF CREDIT.

Suggest a Term