ENCRYPTION Definition

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ENCRYPTION is the scrambling of data so that it is meaningless to anyone but the intended recipient, who has the key to unscramble the data to its original form.

Learn new Accounting Terms

CABLE is the London dollar/sterling foreign exchange market - now outdated but still used by insiders.

RELEVANCE CONCEPT refers to the capacity of accounting information to make a difference to the external decision makers who use financial reports.

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