Net errors and omissions

Definition:

In balance of payments accounting, net errors and omissions record the statistical discrepancies that arise in gathering balance of payments data.

Investing Essentials


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

Term of the Day

Deficiency Agreement

An agreement that calls on the sponsor or another party to provide the shortfall when cash flow, working capital, or revenues are below agreed levels or are insufficient to meet debt service.

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


Create your free portfolio