Bookmark and Share

ACCRUED INVENTORY functions as a "clearing" account to establish a liability for inventory physically received into the warehouse, but for which a vendor invoice had not yet arrived.

Learn new Accounting Terms

SWEEPING ACCOUNTS is when an entity zeros out a monetary asset account (takes the money) that does not meet an established mandatory monetary hurdle at which they will make a payment to the holder of that account, e.g., if a salesman does not make a certain amount of sales required over a time period, his company will not pay him commission on the sales that were made during that period and sweep his account balance to zero at the end of the time period.

VOLATILITY RISK is the risk that a specific security price will increase or decrease by greater increments than the general market.

Suggest a Term

Enter Search Term

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