SECA Definition

Bookmark and Share

SECA is Self-Employment Contributions Act of 1954.

Learn new Accounting Terms

BROKERAGE, dependent upon usage, is the business of a broker; charges a fee to arrange a contract between two parties, or, the place where a broker conducts his/her business.

FUNCTIONAL CURRENCY, generally, is the currency of record for any given entity. Within the context of foreign currency, it is the currency which a foreign subsidiary handles on a day-to-day basis in generating net cash flows. It is normally the currency of the country in which the subsidiary operates, but may be the currency of the parent company.

Suggest a Term

Enter Search Term

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