ADJUNCT ACCOUNT is an account that accumulates either additions or subtractions to another account. Thus the original account may retain its identity. Examples include premiums on bonds payable, which is a contra account to bonds payable; and accumulated depreciation, which is an offset to the fixed asset.
UNDERWRITERS SPREAD see UNDERWRITERS DISCOUNT.
RECORD DATE, in securities, is the date for determining who is entitled to payment of principal and interest on a security.
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