Accounting Token
Accounting tokens are digital versions of credit or debit entries, similar to how you track money in a spreadsheet. They represent what you owe or what is owed to you.
More terms under A
- AccountabilityAccountability means being responsible for what you do, especially when it comes to handling money or transactions in cryptocurrency.
- Accounting ConservatismAccounting conservatism means that when things are uncertain, you should acknowledge potential future costs and debts right away, instead of waiting to…
- Accounting MethodAn accounting method is a set of rules that decides when and how a business records its income and expenses.
- Accredited InvestorsAn accredited investor is someone or a company that meets certain financial criteria, allowing them to invest in exclusive investment opportunities that are…
- Accretion (of a Discount)Accretion of a discount is the profit you make when you buy an asset for less than its face value and then sell it for that higher value.
- Accrual AccountingAccrual accounting is a way of recording income and expenses when they happen, not when money is actually received or paid.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.