Meaning MONETARY/NONMONETARY METHOD: Under this translation method, monetary items (e.g. cash, accounts payable and receivable, and long-term debt) are represented at the current rate, while nonmonetary items (e.g., inventory, fixed assets, and long-term investments) are represented at historical rates
More terms such as Monetary/nonmonetary method in Dictionary M.
- Definition Managed Float:
- Examples Also known as dirty float, this is a system of floating exchange rates with central bank intervention to reduce currency fluctuations monetary/nonmonetary method definition.
- Definition Markowitz Efficient Portfolio:
- Examples Also called a mean-variance efficient portfolio, a portfolio that has the highest expected return at a given level of risk monetary/nonmonetary method explain.
- Definition Markdown:
- Examples subtracted from the selling price of securities when they are sold to a dealer in the OTC market. Also, the discounted price of municipal bonds after the market has shown little interest in the issue monetary/nonmonetary method what is.
- Definition Margin Security:
- Examples A security that may be bought or sold in a margin account as defined in Regulation T monetary/nonmonetary method meaning.
- Definition Municipal Improvement Certificate:
- Examples A certificate used to finance local government projects and services that are financed by a special tax assessment. Its interest is tax-free monetary/nonmonetary method abbreviation.