ASSIGNMENT OF BOOK ACCOUNTS - The assigning by a company or business to a lender, usually a bank, the i...
ASSIGNMENT OF BUYER'S INTEREST IN LAND CONTRACT - A document used when a borrower is purchasing real es...
Usually called a CD, a certificate of deposit is a short- to medium-term instrument (one month to five years) that is issued by a bank or savings and loan association to pay interest at a rate higher than that paid by a pass book account.
savings accounts: a Money Market Deposit Account (MMDA) , allowing the depositor up to six transfers a month (including three by check, draft, or debit card); and an ordinary savings account, such as a statement savings account or passbook account.
account, also called a Demand Deposit account, which pays no interest but allows the account holder to withdraw funds by writing checks; a Negotiable Order of Withdrawal (NOW) account, a check-like account that pays interest; a Passbook account, ...
Ask the taxpayer during the initial interview if there has been a change in the tax or book accounting treatment for any item during the current or prior year. This information may disclose any unauthorized method change.
Open-book accounting is an accounting principle that aims to improve accounting transparency of organizations.
Tax accounting is the accounting needed to comply with jurisdictional tax regulations.
 See also: Saving, Savings account, Expense, Checking account, Time deposit
  
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