FINANCIAL ENGINEERING Definition

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FINANCIAL ENGINEERING is a process involving the creation and combination of a variety of financial instruments in order achieve a defined financial objective within certain cost, tax and legal constraints, e.g. combining or dividing existing financial products to create new financial products.

Learn new Accounting Terms

OPERATING EFFECTIVENESS is how an internal control was applied, the consistency with which it was applied, and by whom.

OCF see OPERATING CASH FLOW.

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