Memorandum

For Your Information (FYI)
The term 'For Your Information' (FYI) serves as a common prefix in memos and finance, often indicating that no action is required on the contents or that a quote is not a firm offer to trade at that price.
Memorandum
A memorandum is a written document commonly used in business and legal contexts to record information, transactions, intentions, or summarise instrument details in a concise format.

Accounting Terms Lexicon

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