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investment securities

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

An asset account in a bank’s general ledger that indicates the amount at which the bank is reporting or carrying its investments.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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