MONETARY UNIT Definition

Bookmark and Share

MONETARY UNIT is the unit used to measure economic activity (e.g., U.S. $).

Learn new Accounting Terms

DEFERRED TAXES refers to all deferred taxes.

OVERAGE is that amount, as in money or goods, that is actually on hand and exceeds the desired or listed amount in records or books. Also known as SURPLUS.

Suggest a Term

Enter Search Term

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