UNAPPROPRIATED PROFITS Definition

Bookmark and Share

UNAPPROPRIATED PROFITS are those profits that have been withdrawn from a business by its proprietors or appropriated for any other purpose.

Learn new Accounting Terms

ELIGIBLE is a security for which one or more Market Makers has received clearance to quote the issue on the OTCBB in the last 30 days. Securities receive eligible status if they are cleared following the filing of a Form 211 or a 15c2-11 Exemption Form. A frequency of quotation test is administered during the eligible period. Until the test is satisfied, any other Market Maker that wishes to quote the issue must also submit a completed Form 211.

EX-WORKS see EX-FACTORY.

Suggest a Term

Enter Search Term

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