TWO PARTY CHECK Definition

Bookmark and Share

TWO PARTY CHECK is a check made out from one individual to another, i.e. only two entities are involved in the transaction.

Learn new Accounting Terms

BUDGET is an itemized listing of the amount of all estimated revenue which a given business anticipates receiving, along with a listing of the amount of all estimated costs and expenses that will be incurred in obtaining the above mentioned income during a given period of time. A budget is typically for one business cycle, such as a year, or for several cycles (such as a five year capital budget). Of the many kinds of budgets, a CASH BUDGET shows CASH FLOW, an EXPENSE BUDGET lists expected payments of money, and a CAPITAL BUDGET shows the anticipated payments for CAPITAL ASSETS. See FORECAST, PROJECTION.

CREDIT CARD is a card authorizing purchases on credit at a predetermined interest rate and payment conditions.

Suggest a Term

Enter Search Term

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