ADI Definition

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ADI, in invoicing, is After Date of Invoice.

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STOCK OPTION is a contractual right granted by a company to the named holder of the option the right to purchase the companys stock at a fixed price stated on the stock option within a specified period of time. If the stock option is not exercised within the specified period of time, then the contractual right lapses.

CONTINUING AUDITOR is the auditor of the current year who also audited the financial statements of the client for the previous year.

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