Business, Legal & Accounting Glossary
A profit arising from revenue which has been earned by the entity and for which there is a reasonable prospect of cash being collected in the near future.
A profit that has been incurred in an investment but that hasn’t been realised yet because the investment hasn’t been sold, which would make it realised. Also called a paper profit.
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This glossary post was last updated: 4th July, 2019 | 0 Views.