SRO Definition

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SRO is Self-Regulatory Organization.

Learn new Accounting Terms

FLOATING-RATE NOTE is an instrument with a fluctuating interest rate as prescribed at the time of issue.

 

DEMINIMUS, root is De minimis non curat lex (Latin), a common law principle whereby judges will not sit in judgment of extremely minor transgressions of the law. It has been restated as "the law does not concern itself with trifles". It is commonly used to include a test of anyone judging conformance to accounting principles, regulations or rules.

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