MONETARY COMPENSATORY AMOUNTS (MCA) Definition

Bookmark and Share

MONETARY COMPENSATORY AMOUNTS (MCA), in the European Community, is a complex system of subsidies and levies with the intent of smoothing currency-related distortions in EC cross border farm trade.

Learn new Accounting Terms

STOCK is a. a certificate documenting the shareholders ownership in a corporation; or, b. the merchandise that an entity has on hand or in inventory.

ACCRUAL is the recognition of revenue when earned or expenses when incurred regardless of when cash is received or disbursed.

Suggest a Term

Enter Search Term

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