Business terms and jargon explained. Your business dictionary

What is Apportionment

Is where a cost is apportioned between to cost distinctions. e.g. two months rent is apportioned between the two months. This could be apportioned between a number of people, cost centers or departments etc.

When you buy a property the gas, electricity and council tax etc will have to be apportion between the buyer and sell so each pay's for the period that they owned the property.

In accounting this is a technique that is used so costs can be divided between cost centers, cost persons and departments so as to  give true costs for each.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z


Search Term   

Inland Revenue Quantize Historical Cost Ethernet
Domicile of dependency Log Conditional Sale Percentage of Annual Revenue From Online Sales
ICO Vexatious Litigant Leasehold WERS
Copyright Tribunal Securitisation ASIC Alimony
Corporate Culture Kopek Factum Obiter dictum
Synergy Uxor Post Sales Growth Shelf life
Credit limit Going Forward ERNIE Residue
Domicile of choice Billion Restraint of trade Assignee
Money Transfer Abroad Above-board Supply Of Goods Floating Charge
Subscription Right Quaeitur Ex gratia Rand

Term created / updated 2006-03-29 06:58:05

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.