REQUISITION Definition

Bookmark and Share

REQUISITION is a written request to buy something. Usually, once approved, the requisition is then transformed into a purchase order.

Learn new Accounting Terms

BID TICK RULE is a NASD rule prohibiting a short sale transaction when the current best bid in a security is less than the previous best bid. That is, when it is on a "down-tick." The bid tick rule does not apply to the OTCBB.

TRADE DRAFT is a draft addressed to a commercial enterprise.

Suggest a Term

Enter Search Term

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