Definition of Return

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TeachMeFinance.com - explain Return




historic definition...

Return -- The term return is used as a synonym for report, as, for instance, the return of earnings of a railroad or industrial company. The term return is also used as a synonym for statement, as the return (statement) of the financial condition of a bank or other corporation. The term return is also used to signify the yield of securities (stocks and bonds ) in dividends or interest. See Income basis. The term return as used "at the Banker's Clearing House in London means an article (check, or draft or other paper calling for payment) which the bank to which it was presented for payment returned because there were not funds to meet it or because it was not properly indorsed or for some other reason. Also see Bank of England return.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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