Tag: accounting

What is an 'Odd Lot' An odd lot is an order amount for a security that is less than the normal unit...

What does 'On Account' mean On account is an accounting term that denotes partial payment of an amount owed or the purchase/sale...

DefinitionMark-to-market or fair value accounting refers to accounting for the "fair value" of an asset or liability based on the current market price, or...

What is 'Off Board' A stock transaction that fits one of the following two criteria: 1. A stock trade involving a...

What is 'Office Audit' An examination of a taxpayer's records by the Internal Revenue Service to ensure the taxpayer's compliance with tax...

What is an Omnibus Account An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...

DefinitionIn management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within...

What is 'Manipulation' Manipulation is the act of artificially inflating or deflating the price of a security. In most cases, manipulation is...

What is 'Manager Of Managers - MOM' A class of financial intermediary that hires professional investment managers to oversee aspects of a...

What is 'Management Risk' The risks associated with ineffective, destructive or underperforming management, which hurts shareholders and the company or fund being...