Accrual basis
Definition
In the context of accounting, practice in which expenses and income are accounted for as they are earned or incurred, whether or not they have been received or paid. Antithesis of cash basis accounting.
Nearby Terms
Investing Essentials
-
Getting Started In Stocks
Investopedia
-
The NASDAQ Dozen
Learning Markets
-
The 10 Commandments Of Investing
Investopedia
-
The Lowdown On Penny Stocks
Investopedia
-
10 Things To consider Before Selecting An Online Broker
Investopedia
-
Start Investing With Only $1,000
Investopedia
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
Term of the Day
Managing underwriter
The leading firm in an underwriting group, which originates the deal and acts as an agent for the group.
Get the Term of the Day in your inbox!
