CATS Definition

CATS is Certificate of Accrual on Treasury Securities; a zero coupon bond created by stripping Treasury bonds.

Learn new Accounting Terms

LCM is Lower of Cost or Market.

DISCOUNT FOR THE LACK OF CONTROL is an amount or percentage deducted from the pro rata share of value of one hundred percent (100%) of an equity interest in a business to reflect the absence of some or all of the powers of control.

Suggest a Term

Enter Search Term

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

Purchase and download Glossary
Only $9.95