CRR Definition

Bookmark and Share

CRR see CASH RESERVE RATIO.

Learn new Accounting Terms

IMPLICIT RATE OF INTEREST is when the stated interest rate is not indicative of the market rate at the time a note is negotiated, the value of the asset (cash or non-cash) or service exchanged for the note establishes the market rate.

COST OVERRUN is the amount by which an entity exceeds or expects to exceed the estimated cost to completion of: a. a product; b. a process; or, c. the final limitations of costs stipulated in a contract.

Suggest a Term

Enter Search Term

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