PERSONAL EQUITY Definition

Bookmark and Share

PERSONAL EQUITY is that portion of equity ownership that is held to ones own benefit or invested as an integral part of the assets of a legal entity.

Learn new Accounting Terms

CHAPS is Clearing house automated payment system. A computerized payment system for clearing checks in the UK.

PERSONAL ACCOUNTS represents money due to or due from a person or group of persons. For example, Accounts Payable - Suppliers is a personal account since this amount is payable to a supplier/suppliers.

Suggest a Term

Enter Search Term

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