Acquittance

Definition:

A written document which releases a second party from any financial or other liability. An example of an acquittance would be a receipt indicating payment in full.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Central Counterparty Clearing House

An organization in European countries that helps facilitate trading done in European derivatives and equities market.

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