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.
SYSTRUST ENGAGEMENT is when a CPA tests a business system for its ability to operate without material error and reports on its reliability.
AS-IS CONDITION is the transfer of title to a property in an existing condition with no warranties or representations.
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