FAIL Definition

Bookmark and Share

FAIL is the failure of a transaction to be completed. In the settlement of a securities transaction, a fail occurs if the instrument is not paid for or not delivered.

Learn new Accounting Terms

KNOWLEDGE ACQUISITION is the process of acquiring knowledge from a human expert for an expert system, which must be carefully organized into IF-THEN rules or some other form of knowledge representation.

SALES CONTRACT see SALES ORDER.

Suggest a Term

Enter Search Term

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