InvestorWords.com

transaction


Definitions (2)

1. An agreement between a buyer and a seller to exchange an asset for payment.

2. In accounting, any event or condition recorded in the book of accounts.

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9 Signs of Potential Creative Accounting PracticesHere are nine things investors should watch for as possible warnings of accounting gimmickry:
1. Overly Aggressive Performance Targets: The company ups the ante by continually setting revenue an ... Read more


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