recognition point

recognition point definition - finance
The predetermined time when a transaction should be recorded. A recognition point emanates from a companyÂ’s revenue recognition policy. For example, revenue from a contract may be recorded each quarter until the due date, or it may be recorded as the terms of the contract are fulfilled.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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