TOMBSTONE Definition

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TOMBSTONE is a newspaper advertisement that contains the details of a bond issue or major loan, and the investment banks that have underwritten it.

Learn new Accounting Terms

WRITE-DOWN is the reduction in the book value of an asset.

BALANCE is: a. equality between the totals of the credit and debit sides of an account; or, b. the difference between the totals of the credit and debit sides of an account.

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