ARGUMENT IN ACCOUNTING Definition

Bookmark and Share

ARGUMENT IN ACCOUNTING usually revolves around the premise that characterizes fair values of assets as being more relevant but less reliable than their historical costs, with fair value being ultimately more informative only if its increased relevance outweighs its reduced reliability.

Learn new Accounting Terms

OMITTED is to leave undone or leave out, i.e. to prevent from being included or considered or accepted.

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

Enter Search Term

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