Bookmark and Share

UNDERLYING is the security, cash commodity, forward, futures contract, swap, or other contract or instrument that is the subject of a derivative contract or instrument.

Learn new Accounting Terms

COST CONTROL is the process of controlling the cost of a project within a predetermined sum throughout its various stages from inception to completion.

AVERAGE COST METHOD is using a weighted average cost for items in inventory rather than actual cost for each specific item.

Suggest a Term

Enter Search Term

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