PPI Definition

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PPI see PRODUCER PRICE INDEX.

Learn new Accounting Terms

WIP is an acronym for Work in Process/Progress. Usually refers to inventory that has value added from labor or additional processing. When considered for inventory value, the value of the raw material plus the value added component is accounted for in determining the value of that inventory at that point in the process.

STOCK CERTIFICATE is a certificate establishing ownership of a stated number of shares in a corporations stock.

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