What is AED

AED stands for "Automated External Defibrillator" in the context of finance. An Automated External Defibrillator is a portable device that is used to treat sudden cardiac arrest by delivering a shock to the heart to restore its normal rhythm. In the financial context, AED can also stand for "Accrued Expense Day" which is the day on which an accrued expense is recognized in the financial statements. Accrued expenses are expenses that have been incurred but not yet paid, and they are recorded as a liability on the balance sheet until they are paid. In finance, AED can also refer to the currency code for the United Arab Emirates Dirham, the official currency of the United Arab Emirates.