AUTHORITATIVE PRONOUNCEMENT Definition

Bookmark and Share

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

Learn new Accounting Terms

BUYERS MARKET is where the quantity of goods for sale exceeds the amount consumers are willing and able to buy at the current market price. It is characterized by low prices. For example, a market condition that occurs in real estate where more homes are for sale than there are interested buyers.

OSHA (OCCUPATIONAL SAFETY AND HEALTH ACT) is a federal law in the United States that requires employers to provide employees with a workplace that is relatively free of hazardous conditions.

Suggest a Term

Enter Search Term

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