EOM Definition

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EOM is End of Month.

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HELD TO MATURITY normally refers to a long term security (note or bond held for more than one year) that has a predetermined maturation event.

BILLS PAYABLE, in merchant accounts, are all bills which have been accepted, and promissory notes which have been made, are called "bills payable," and are entered in a ledger account under that name, and recorded in a book bearing the same title.

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