CERTIFICATE OF OBLIGATION Definition

Bookmark and Share

CERTIFICATE OF OBLIGATION is a bond issued by a city, without voter approval.

Learn new Accounting Terms

RECOVERY, in finance, a. absorption of cost through the allocation of depreciation; b. residual cost or salvage value of a fixed asset after all allowable depreciation; or, c. collection of an accounts receivable that had been previously been written off as a bad debt.

STOCK INDEX a formalized screened listing of traded securities, e.g. the Dow Jones Industrial Average that tracks a portfolio of stocks.

Suggest a Term

Enter Search Term

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