Category Archives: Forensic Accounting

FINANCIAL DICTIONARY

Financial Dictionary

After a post-divorce client’s mortgage was paid off as part of her divorce settlement, I asked her what happened to the escrow funds. She didn’t know what I was talking about and I realized there are a lot of terms financial professionals use assuming others understand. Some of these terms may be familiar and others you may never have heard of.

GENERAL TERMS

ACCRUE: The ability of something to accumulate over time, most … Read More