Definition of SPECIFIC INVOICE PRICES

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.

Company-specific risk

Related: Unsystematic risk

Firm-specific risk

See:diversifiable risk or unsystematic risk.

Invoice

Bill written by a seller of goods or services and submitted to the purchaser.

Invoice billing

Billing system in which the invoices are sent off at the time of customer orders are all separate
bills to be paid.

Invoice date

Usually the date when goods are shipped. Payment dates are set relative to the invoice date.

Invoice price

The price that the buyer of a futures contract must pay the seller when a Treasury Bond is delivered.

Market prices

The amount of money that a willing buyer pays to acquire something from a willing seller,
when a buyer and seller are independent and when such an exchange is motivated by only commercial
consideration.

Prices

Price of a share of common stock on the date shown. Highs and lows are based on the highest and
lowest intraday trading price.

Specific issues market

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

Specific risk

See:unique risk.

Specific identification

A method of accounting for inventory.

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

Invoice

A document submitted to a customer, identifying a transaction for which the
customer owes payment to the issuer.

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