DEFERRED DEVELOPMENT COSTS Definition

Bookmark and Share

DEFERRED DEVELOPMENT COSTS is the non-recognition of costs of development until such until some condition(s) is satisfied.

Learn new Accounting Terms

BANKER'S ACCEPTANCE (BA) is a money market instrument that is issued in discounted form. A banker's acceptance is created when a bank accepts responsibility for payment of business debt by signing a letter of credit. Banker's acceptances are sold to acceptance dealers and may be resold to numerous other parties before the loan is repaid. The investor who last owns the acceptance when the debt becomes due has a right to collect from the borrower. Should the borrower default, the investor can also pursue payment from the accepting bank.

OUTTURN is what is produced in a given time period.

Suggest a Term

Enter Search Term

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