BEST EXECUTION Definition

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BEST EXECUTION is NASD Rule 2320 The obligation of Market Makers, broker/dealers, and others to execute customer orders at the best price available at the time the trade is entered.

Learn new Accounting Terms

OUTPUT VAT is VAT on a companys sales. See also VALUE ADDED TAX (VAT).

CASH SWEEP is the use of surplus cash to prepay debt or provide extra security for lenders, instead of paying it out to investors.

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