Financial Terms
Specific identification

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Definition of Specific identification

Specific Identification Image 1

Specific identification

A method of accounting for inventory.



Related Terms:

Company-specific risk

Related: Unsystematic risk


Firm-specific risk

See:diversifiable risk or unsystematic risk.


Specific issues market

The market in which dealers reverse in securities they wish to short.


Specific risk

See:unique risk.


SPECIFIC INVOICE PRICES

An inventory valuation method in which a company values the items in its ending inventory based
on the specific invoices on which they were bought.


Asset-specific Risk

The amount of total risk that can be eliminated by diversification by
creating a portfolio. Also known as company-specific risk or
unsystematic risk.


Companyspecific Risk

See asset-specific risk


Specific Identification Image 2

Federal Employer Identification Number

A unique identification number issued
by the federal government used for payroll purposes to identify the company
when it deals with the Internal Revenue Service.


PIN (personal identification number)

A secret code that you use to access your bank account at a bank machine or at a point of sale (POS) terminal. You may also have a PIN for banking by telephone.


 

 

 

 

 

 

Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.


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