Forex Spread Betting Definition.

Forex spread betting is a type of speculation on the movement of foreign exchange rates using financial derivatives. Unlike traditional forms of currency trading, forex spread betting does not involve the physical exchange of currency pairs. Instead, bets are placed on the direction in which a currency pair is likely to move, with the aim … Read more

Allowance for Doubtful Accounts Definition.

An allowance for doubtful accounts is an estimate of the amount of money that a company will ultimately lose on its bad debts. This estimate is used to adjust the value of the accounts receivable on the company’s balance sheet. The allowance for doubtful accounts is a contra account to accounts receivable, which means that … Read more