LIP ACCOUNT Definition

Bookmark and Share

LIP ACCOUNT see LOAN-IN-PROCESS ACCOUNT.

Learn new Accounting Terms

STREET NAME, in securities, is securities held in the name of brokers, banks or their nominees, instead of in the customer's name.

INTEREST INCOME - NON-OPERATING is interest income generated from non-operating investment securities such as certificates of deposit or bonds for non-financial service companies.

Suggest a Term

Enter Search Term

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