Generally Accepted Accounting Principles (GAAP)

Definition:

The overall conventions, rules, and procedures that define accepted accounting practice at a particular time in the U.S.

Investing Essentials


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

Term of the Day

Snake

Arrangement established in 1972, that ties European currencies to each other within specified limits.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio