Definition Definition

> Business Glossaries > Accounting & Auditing

Conservatism

Conservatism which means that the best choice among accounting alternatives is the method that is least likely to overstate assets and net income.

Category: Accounting & Auditing
Share it: CITE

Related Definitions

Recent Definitions

Signature Loan Signature Loan is the borrowed amount with a set rate...
Linear Relationship Linear Relationship is a mathematical phrase that describes two different...
Grant Deed Grant Deed is a legally binding contract that transfers ownership...
Annuitization Annuitization is a procedure through which installments of an annuity...
Sustainable Growth Rate Sustainable Growth Rate relates to the greatest pace of development...
Personal Representative Personal Representative is a person or entity appointed to handle...
Categories
500 - Internal Server Error

500

Internal Server Error

Back to Home