EFT Definition

Bookmark and Share

EFT see ELECTRONIC FUNDS TRANSFER.

Learn new Accounting Terms

OTHER INFORMATION, in accounting, is financial and nonfinancial information (other than the financial statements and the auditor's report) included in a document containing audited financial statements and the auditor's report thereon, excluding required supplementary information.

CREDIT, in accounting, is an accounting entry system that either decreases assets or increases liabilities; in general, it is an arrangement for deferred payment for goods and services.

Suggest a Term

Enter Search Term

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