SUPPRESSED INFLATION Definition

Bookmark and Share

SUPPRESSED INFLATION means that a situation exists in which prices would rise -- if government regulations did not establish artificial limits on prices, wages, etc.

Learn new Accounting Terms

ESCROW ACCOUNT see TRUST ACCOUNT.

LIFO LIQUIDATION is a reduction in the reported value of inventory below levels established in prior years under the LIFO method; arises when purchases for the period are not sufficient to offset the sale of inventory in the period.

Suggest a Term

Enter Search Term

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