NET SALES Definition

Bookmark and Share

NET SALES is gross sales less discounts, allowances, sales returns, freight out, etc.

Learn new Accounting Terms

STRAPS is Stated Term Rate Auction Preferred Stock; issues having a fixed dividend rate, usually for three to five years. After this period, the security becomes an auction-rate preferred and the holder can sell the stock at par on the date of the first auction. STRAPs trade like and are com­pared to a short-term sinking fund preferred stock.

DEBENTURE is a corporate IOU that is not backed by the companys assets (unsecured) and is therefore somewhat riskier than a bond.

Suggest a Term

Enter Search Term

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