The terms 'X' and 'XD' are symbols used in newspapers and financial reports to signify that a stock or bond is trading without its respective dividend or interest.
XBRL (eXtensible Business Reporting Language) is a global framework for exchanging business information digitally, aimed at improved efficiency, accuracy, and transparency in financial reporting.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.