TIGHT MARKET Definition

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TIGHT MARKET is a market in which the spread, or dif­ference, between the bid and asked price of a security is extremely small. It is usually an indication that there is an abundant supply of the security and it is being actively traded. See THIN MARKET.

Learn new Accounting Terms

ECONOMIC LIFE is the time period over which an asset(s) may generate economic benefits.

CONTRA REVENUE ACCOUNT is an account that is offset against a revenue account on the income statement.

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