UNITIZE is to separate or classify into units, e.g. auto manufacturers unitize along model designations.
PRUDENCE CONCEPT, otherwise known as conservatism, says that whenever there are alternative procedures or values, the accountant will choose the one that results in a lower profit, a lower asset value and a higher liability value.
BALLOON PAYMENT is a final loan payment that is considerably higher than prior regular payments, in order to pay off the loan.
Enter a term, then click the entry you would like to view.