MFOA Definition

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MFOA is Municipal Finance Officers Association.

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CONTRACTOR is the person or entity who will provide the goods or services under the provisions of the contract.

CLOSE is 1. The planned termination of accounting ledger activity with the resultant consolidation within a business, i.e. monthly, quarterly or annual; 2.The final half-hour of a securities trading session; 3. The price of the last transaction for a given security at the end of a given trading session. also called closing price; or, 4. To consummate a sale, contract or ownership transfer.

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