KONVERTIBILNA MARKA (KONVERTIBILNIH MARAKA) Definition

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KONVERTIBILNA MARKA (KONVERTIBILNIH MARAKA) is a currency of Bosnia & Herzegovina.

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AUXILIARY JOURNAL is a journal in which accounting information is stored both before and after the transfer to the General Ledger.

WRAP ACCOUNT at its most basic is an alternative form of commission arrangement between a securities firm and its client. Wrap accounts generally charge the client an annual fee based on assets in the account in lieu of a per transaction commission structure. In other words, the firm "wraps" together all the costs and charges them off as a "management fee". Firms often add further features to wrap accounts such as investment management, custodial services, and enhanced reporting.

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