PITI Definition

Bookmark and Share

PITI is an acronym for Principal, Interest, Taxes and Insurance when dealing with property mortgages.

Learn new Accounting Terms

RETURNS OUTWARDS are goods bought on credit from a supplier and returned for some reason to be refunded for (Purchases returns).

EARNING QUALITY is best determined through the inverse relationship between the amount of time elapsed between revenue recognition and cash collection.

Suggest a Term

Enter Search Term

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