KORUNA (KORUN, KORUNY) Definition

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KORUNA (KORUN, KORUNY) is a currency of Czechoslovakia, Czech Republic, and Slovakia.

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L as the fifth letter of a Nasdaq stock symbol indicates that the issue is a class of stock such as: preferred when issued, third preferred class of warrants, sixth class of preferred stock, or foreign preferred.

DEFERRED EXPENDITURE is an expenditure for which payment has been made or a liability incurred but which is carried forward on the presumption that it will be of benefit over a subsequent period or periods. This is also referred to as deferred revenue expenditure.

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