AUTHORITATIVE PRONOUNCEMENT Definition

Bookmark and Share

AUTHORITATIVE PRONOUNCEMENT is a formal declaration of opinion sanctioned by established authority.

Learn new Accounting Terms

DISINTERMEDIATION is the diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments.

CONVERTIBLE PREFERRED STOCK is preferred stock which can be converted into common stock at the option of the holder of the preferred stock.

Suggest a Term

Enter Search Term

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