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Investing Glossary:
Regulatory accounting procedures (RAP)
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- R -
| Term: |
| Regulatory accounting procedures (RAP)
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| Definition: |
| Accounting principles required by the FHLB that allow S&Ls to Elect annually to defer gains and losses On the Sale of Assets and amortize these deferrals over the Average life of the Asset sold.
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