X Definition

Bookmark and Share

X as the fifth letter of a Nasdaq stock symbol indicates that the listing is a mutual fund.

Learn new Accounting Terms

VALUE ADDED is the difference, at each stage of production or the provisioning of a service, between the price of a product or service and all materials or activities paid for to produce the product or provide the service.

CASH RESERVE RATIO (CRR) is a ratio which banks have to maintain with itself in the form of cash reserves or by way of current account with the Reserve Bank, computed as a certain percentage of its demand and time liabilities. The objective is to ensure the safety and liquidity of the deposits with the banks.

Suggest a Term

Enter Search Term

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