RETURNS INWARDS Definition

Bookmark and Share

RETURNS INWARDS are goods sold on credit to a customer and returned for some reason to be refunded for (Sales returns).

Learn new Accounting Terms

BLACK MARKETS are created when buyers and sellers meet to negotiate the exchange of a prohibited or illegal good. More generally, it is any unofficial market in which prices are inordinately high.

UNREALIZED is an event having occurred but not yet reflected in a transaction. This refers to unrealized gains and losses, which have not happened but would happen if the investor sold the security or asset that an entity currently holds. Unrealized gains are not usually taxable. It is the opposite of realized.

Suggest a Term

Enter Search Term

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