SUMMARY ACCOUNT Definition

Bookmark and Share

SUMMARY ACCOUNT is a ledger account (such as a control account) whose balance represents the total of other account balances.

Learn new Accounting Terms

SELL-THROUGH, in retail sales, is the number of product distributed that are actually sold, e.g. movies sold as compared to rented.

COST OF EQUITY (COE) is the minimum rate of return a firm must offer owners to compensate for waiting for their returns, and for bearing risk. It is calculated: COE = Dividends per Share (for next year) / Current Market Value of Stock + Growth Rate of Dividends.

Suggest a Term

Enter Search Term

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