INFLATION ACCOUNTING is a system of accounting which, unlike historical cost accounting, takes into account changing prices.
PENNY STOCKS are those securities that are not listed on a national securities exchange and are priced under $5. There are exclusions for securities of issuers that have net tangible assets greater than $2 million if they have been in operation at least three years or greater than $5 million if in operation less than three years. Securities of issuers with average revenue of at least $6 million for the last three years are also not considered penny stocks. For a complete definition of a Penny Stock, see SEC Rule 3a51-1. OTCBB securities are considered penny stocks unless they qualify for one of the exclusions.
APE is Account Period Ending (Normally followed by the date the accounting period ends). See also Accounting Period.
Enter a term, then click the entry you would like to view.