CREDIT MEMO Definition

Bookmark and Share

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

Learn new Accounting Terms

EXTENSION RISK, with mortgage-backed securities, is the risk that rising interest rates will slow the prepayment of underlying mortgages and extend the maturity.

PORTFOLIO is a term for describing all the investments that an entity owns. A diversified portfolio contains a variety of investments.

Suggest a Term

Enter Search Term

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