TILL ROLL Definition

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TILL ROLL is a roll of paper on which the separate amounts of money paid for goods are recorded in a retail shops cash register.

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MATERIAL WEAKNESS is a condition that could potentially result in the material misstatement of the financial statements.

HYPOTHECATION, in securities, is the pledging of securities to brokers as collateral for loans made to cover short sales or purchase securities. In banking, it is the pledging of property to secure a loan.

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