T Account

Business / Accounting / T Account: A particular method of displaying an account where the debits and associated information are shown on the left, and credits and associated information on the right.

Other Words for Account

Account Noun Synonyms: calculation, accounting, reckoning, computation, (financial) statement, enumeration

Accrued Interest

Business / Finance / Accrued Interest: Applies mainly to convertible securities. Interest that has accumulated between the most recent payment and the sale of a bond or other fixed-income security. At the time of sale, the buyer pays the s MORE

Sarbanes-Oxley Act Of 2002

Business / Human Resources (HR) / Sarbanes-Oxley Act Of 2002: The Sarbanes-Oxley Act of 2002 was enacted to increase accountability of corporations to their shareholders in the wake of recent accounting scandals. There are many financial provisions that are not MORE

General Account

Business / Finance / General Account: Mortgage in which annual increases in monthly payments are used to reduce outstanding principal and to shorten the term of the loan. MORE

Individual Retirement Account (IRA)

Business / Finance / Individual Retirement Account (IRA): For foreign exchange, the number of units of a foreign currency needed to buy one U.S. dollar. MORE

Individual Retirement Account (IRA) Rollover

Business / Finance / Individual Retirement Account (IRA) Rollover: A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax-deferred. MORE

Dollar Cost Averaging

Business / Accounting / Dollar Cost Averaging: Investing regular sums of money (e.g., $50) at regular time intervals (e.g., quarterly) regardless of whether security prices are moving up or down. MORE