See Also: Opinion shopping(finance)
Opinion shopping(money)
Clearance Opinion (Availability Opinion)(law)
Availability Opinion (Clearance Opinion)(law)
procinct(2)(dictionary)
procinct(1)(dictionary)
Shopping(finance)
shopping(dictionary)
shopping(dictionary)
shopping bag(dictionary)

procinct(1) (iou) and Opinion shopping (finance)


procinct(1) (iou)



procinct noun1.LME-E19.
[medieval Latin procinctus for praecinctum PRECINCT noun.]
= PRECINCT noun 1, 2, 3.

Opinion shopping (finance)


Attempts by a corporation to attain reporting objectives by following questionable accounting principles, with the help of an auditor willing to sanction the practices. Prohibited by the SEC.