Outrageously Funny Word Dictionary :: Preacquitted

👉 In the context of business and finance, a "pre-acquitted" is an indication that there are no outstanding transactions or obligations in the company's financial statements. It refers to a situation where there is not any pending transaction or obligation related to the current year. This term might be used in accounting or auditing contexts to indicate that the company has not made any significant changes in its financial position since the previous fiscal year, suggesting that it may have been operating smoothly and without any major transactions or events

preacquitted