FIELD TRIAL Definition

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FIELD TRIAL is a test of the performance of a new product under the conditions under which it is intended be used.

Learn new Accounting Terms

YIELD TO CALL is the effective annual rate of return a bond earns assuming it is held until the bond's call date, not maturity, and is called (bought) by the issuer at a specific price (call price).

UNDER-BILLING is not recovering the full value of the agreed upon price or not billing for the correct amount of services or goods provided (usually unintentional).

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