BLACK HOLE EXPENDITURE Definition

Bookmark and Share

BLACK HOLE EXPENDITURE is a capital R&D expenditure that does not give rise to a depreciable asset and is not otherwise deductible.

Learn new Accounting Terms

CREDIT MEMO is a document used to issue a vendor credit.

EXEMPTED SECURITY is a security that is exempted from SEC regulations, including margin rules. Such securities include U.S. Treasury and government agency securities and municipal securities designated by the SEC.

Suggest a Term

Enter Search Term

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