DONG Definition

Bookmark and Share

DONG is a currency of Cambodia, Laos, Vietnam, and South Vietnam.

Learn new Accounting Terms

WRAP ACCOUNT at its most basic is an alternative form of commission arrangement between a securities firm and its client. Wrap accounts generally charge the client an annual fee based on assets in the account in lieu of a per transaction commission structure. In other words, the firm "wraps" together all the costs and charges them off as a "management fee". Firms often add further features to wrap accounts such as investment management, custodial services, and enhanced reporting.

AGING OF RECEIVABLES see ACCOUNT AGING.

Suggest a Term

Enter Search Term

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