HORIZONTAL COMBINATION Definition

Bookmark and Share

HORIZONTAL COMBINATION is a business combination of companies with similar functions in the production or sale of comparable products.

Learn new Accounting Terms

PLS see PROFIT AND LOSS SHARING.

RUNNING TOTAL is the sum of any given set of numbers that is incremented/decremented as additional numbers become available over time. For example, a retail store makes sales throughout a time period; the running total is the sum of their sales, including returns/credits, at any given point of time during that time period: day, week, month, quarter, and year.

Suggest a Term

Enter Search Term

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