AD HOC Definition

AD HOC is being concerned with a particular end or purpose, e.g., a ad hoc committee established to handle a specific subject.

Learn new Accounting Terms

GOING CONCERN PRINCIPLE assumes that the accounting entity will maintain proper accounting records from the date of its establishment to the date of its liquidation.

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