An account that does not include detailed financial information but records the transactions of a full accounting period. Abbreviated accounts may be a definition of interest.
ABOVE WATER
A company who can stay out of debt and economic trouble. This causes them to have a better credit rating and investors see them as well off. They will also be rewarded with a higher line of credit.
ABOVE THE LINE DEDUCTION
Any amounts that can be garnished from an individuals total income. Examples of this are alimony, child support, or educational costs.
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