Substance (Economic)

Business, Legal & Accounting Glossary

Definition: Substance (Economic)

Quick Summary of Substance (Economic)

Information in the financial statements should show the economic or commercial substance of the situation.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Substance (Economic). Payroll & Accounting Heaven Ltd. July 13, 2020
Chicago Manual of Style (CMS):
Substance (Economic). Payroll & Accounting Heaven Ltd. (accessed: July 13, 2020).
American Psychological Association (APA):
Substance (Economic). Retrieved July 13, 2020, from website:

Definition Sources

Definitions for Substance (Economic) are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 10th August, 2019 | 24 Views.