UNAPPLIED FUNDS Definition

Bookmark and Share

UNAPPLIED FUNDS is available money credited to a temporary holding (suspense) account, pending determination or instruction on the breakdown of how the money is to be allocated.

Learn new Accounting Terms

STRIPS, in securities, is dividing a Treasury bond or mortgage-backed security into its principal and interest payments and selling the claims to these payments as new and separate securi­ties. The principal portion is called a principal only (PO) security, and the interest portion is called an interest only (IO) security

CPT is Cost Per Thousand.

Suggest a Term

Enter Search Term

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