RECURRING ENTRY Definition

Bookmark and Share

RECURRING ENTRY is a scheduled accounting entry that occurs consistently as to date and amount, e.g. a monthly lease payment.

Learn new Accounting Terms

SUNDRY SHAREHOLDERS are a group of miscellaneous shareholders.

STRIPS, in securities, is dividing a Treasury bond or mortgage-backed security into its principal and interest payments and selling the claims to these payments as new and separate securi­ties. The principal portion is called a principal only (PO) security, and the interest portion is called an interest only (IO) security

Suggest a Term

Enter Search Term

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