NET Definition

NET, in general, is the figure remaining after all relevant deductions have been made from the starting, or gross, amount.

Learn new Accounting Terms

FAIL is the failure of a transaction to be completed. In the settlement of a securities transaction, a fail occurs if the instrument is not paid for or not delivered.

COMPLIANCE AUDIT is the review of financial records to determine whether the entity is complying with specific procedures or rules.

Suggest a Term

Enter Search Term

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

Purchase and download Glossary
Only $9.95