AVERAGE COST Definition

Bookmark and Share

AVERAGE COST is total cost for all units bought (or produced) divided by the number of units.

Learn new Accounting Terms

STAT is an abbreviation of "statistical", e.g. stat software package.

FOREIGN CORRUPT PRACTICES ACT (1977) is a United States federal law that is primarily known for its two main provisions: one that deals with accounting transparency requirements of issuers required to report under the Securities Exchange Act of 1934 and one that deals with bribery of foreign officials.

Suggest a Term

Enter Search Term

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