Thursday, November 01, 2012 2:53:30 PM
Quote:
"Proceeds
Money received by the seller of an asset.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved."
Quote:
"proceeds
The amount received from the sale of an asset. The term usually refers to the amount received before deduction of commissions or other costs related to the transaction. See also net proceeds.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved."
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