INDICATIVE Definition

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INDICATIVE is a stock price quote that is non-firm. All quotes displayed by Market Makers in OTCBB issues are required to be firm, with the exception of DPPs which are limited to indicative quotes only.

Learn new Accounting Terms

HIGH CREDIT is the most a debtor has ever charged with any one creditor.

UN-PRESENTED CHECK is a check that was written but has not yet been forwarded to or paid by the bank on which it is drawn.

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