Glossary > Accounting > equation
equation
noun

a set of mathematical rules applied to solve a problem

Example

The basic accounting equation is that assets equal liabilities plus equity.

Browse by Subjects
Brokerages
Economy
Trading
Charting
Business
Related Terms
economic model
Commodity Channel Index
Quantity Theory of Money
capital asset pricing model
See All Related Terms »

Popular Terms In Accounting
marketing cost
unemployed
position trading
engagement letter
bequeath