CURRENT LIABILITIES are liabilities to be paid within one year of the balance sheet date.
ACCOMODATION ENDORSEMENT is a) the guarantee given by one legal entity to induce a lender to grant a loan to another legal entity. b) a banking practice where one bank endorses the acceptances of another bank, for a fee, qualifying them for purchase in the acceptance market.
OTHER INCOME is income from activities that are not undertaken in the ordinary course of an entitys business.
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