Spreadsheet

[SPRED-sheet]

What is the definition of Spreadsheet?
A computer program that organizes numerical and other data into rows and columns, primarily for the purpose of calculation, analysis, and data management.
Using Spreadsheet in an Example

In accounting, a spreadsheet might be used to track financial transactions, calculate tax obligations, and prepare financial statements by utilizing formulas to perform calculations on the data entered.

Using Spreadsheet in a sentence

Please update the spreadsheet with the latest transaction details so we can review the financials in tomorrow's meeting.

Related Terms

Surviving Spouse

A person whose spouse has died within the tax year and who may file a joint tax return for that year. Additionally, the surviving spouse can file joint returns for the next two years if they remain unmarried and maintain a household as the principal residence for a dependent child.

Swap

A financial contract in which two parties agree to exchange streams of payments over a specified period, based on different indices such as interest rates, foreign exchange rates, or equity indices, applied to a notional amount. Swaps typically do not involve the exchange of principal.

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