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External audit
External auditA review of financial statements and accounting records by an accountant not belonging to the firm. RELATED TERMS-------------------------------------- Firm 1) Refers to an order to buy or sell that can be executed without confirmation for some fixed period. 2) A synonym for company. SIMILAR TERMS-------------------------------------- Extendable bond Bond whose maturity can be extended at the option of the holder (investor). Extendable notes Note with maturity that can be extended by mutual agreement between the issuer and investors. Extendicare Inc. Extendicare Inc. is one of Canada's largest companies. Extension Voluntary arrangements to restructure a firm's debt, under which the payment date is postponed. Extension date The day on which the first option either expires or is extended. Extension swap Extending maturity through a swap, e.g. selling a 2-year note and buying one with a slightly longer current maturity. External finance Funding that is not generated by a firm's operations: new borrowing or a stock issue. External funds Funds originating from a source outside the corporation to increase cash flow and to aid in expansion efforts. External market Also referred to as the international market, the offshore market, or, more popularly, the Euromarket. Externalities Costs imposed on others without their receiving compensation, or benefits received by others without their paying the proper costs. PREVIOUS AND NEXT TERMS-------------------------------------- Extendable bond Bond whose maturity can be extended at the option of the holder (investor). Extendable notes Note with maturity that can be extended by mutual agreement between the issuer and investors. Extension Voluntary arrangements to restructure a firm's debt, under which the payment date is postponed. Extension date The day on which the first option either expires or is extended. Extension swap Extending maturity through a swap, e.g. selling a 2-year note and buying one with a slightly longer current maturity. External audit External finance Funding that is not generated by a firm's operations: new borrowing or a stock issue. External funds Funds originating from a source outside the corporation to increase cash flow and to aid in expansion efforts. External market Also referred to as the international market, the offshore market, or, more popularly, the Euromarket. Externalities Costs imposed on others without their receiving compensation, or benefits received by others without their paying the proper costs. Extinguish Retire or pay off debt. We thank you for using the Financial Dictionary to search for External audit. If you have a better definition for External audit than the one presented here, please let us know by making use of the suggest a term option. This definition of External audit may be disputed by other professionals. Our attempt is to provide easy definitions on External audit and any other medical topic for the public at large.
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