MONTHLY Definition

Bookmark and Share

MONTHLY is: a. Once a month; every month; from month to month; or, b. Done, produced, or occurring once a month. 

Learn new Accounting Terms

SERVICE CONTRACT is a contract offered by a retailer for maintaining and repairing a product beyond its manufacturers warranty coverage.

PAC BOND is a planned amortization class collateralized mortgage obligation (CMO) that provides a set average life within a specified band of prepayment assumptions. PACs are considered the most stable CMO class in terms of average life variability.

Suggest a Term

Enter Search Term

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