Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

GAAP

Updated on 2023-08-29T11:58:07.419762Z

GAAP stands for Generally Accepted Accounting Principles and are accounting standards embraced by SEC or the U.S. Securities and Exchange Commission to have uniformity, transparency as well as clarity in the recording and reporting of financial transactions.