Execution

Execution
Execution refers to the formal process of signing, sealing, and delivering a contract or agreement to render it legally valid. In the context of securities, execution pertains to the act of carrying out a trade or order by a broker.
Interpreter
An interpreter is either a person who translates spoken or signed language orally in different contexts or a computer program that executes a source code line by line.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.