Matching principle
Definition: The accounting rule that requires the recording of sales and the expenses that allowed
Material information
Discussed under: insider trading.
Maturity date
Definition: The date on which a bond’s term ends. On or after this date, the
Modified Accelerated Cost Recovery System (MACRS)
Definition: A law that allows depreciation of equipment (and other assets) in the early years of
Mortgage bond
Discussed under: Secured bond.