Glossary
This glossary of some of the terms used in this book is somewhat limited by space. Several exhaustive glossaries exist online, notably those by the Wall Street Journal and the New York Times. Readers who have questions not answered here are invited to slake their financial thirst for monetary terminology at those well-founded founts.
accelerated depreciation. A method of calculating depreciation with proportionately larger dollar amounts allocated during the first year(s) of the worthwhile life of the purchased item. See depreciation.
account. The detailed record of a particular asset, liability, owners’ equity, revenue, or expense.
account executive. Another title for the traditional salesperson, someone who sells advertising to ...
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