CLASSIFICATION Definition

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CLASSIFICATION, generally, is the act of distributing things into classes or categories of the same type. In accounting, there are many ways to classify information, e.g. assets, liabilities or equity and the many subsets to those three classifications.

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GENERAL EXPENSE is expense not directly connected with any single department.

ONE-SIDED MARKET (ONE-WAY MARKET), in securities, is a market environment in which only a bid or an offer is shown, as opposed to making a market, where both a bid and an offer are shown.

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