DOLLAR Definition

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DOLLAR is a currency of: Antarctica, Australia, Bahamas, Belize, Bermuda, Brunei, Canada, Cayman Islands, Cook Islands, E. Caribbean States, Fiji, Grenada, Guyana, Jamaica, Liberia, Malaya & British Borneo, Namibia, New Zealand, Rhodesia, Singapore, Solomon Islands, Trinidad & Tobago, Tuvalu, USA, Virgin Islands, and Zimbabwe.

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ENDOWMENT is a permanent fund where gifts to the fund are held in perpetuity and where earnings are used in accordance with the donor's specified wishes.

FUNDED DEPRECIATION ACCOUNT is a reserve setup to cover the replacement cost of those capital assets covered within the depreciation schedule.

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