Business terms and jargon explained. Your business dictionary

What is Production

Production is an activity, carried out under the responsibility, control and management of an institutional unit, which uses inputs of labour, capital, goods and services to produce outputs of goods and services.

Crown Copyright. Material taken from National Statistics website: Reproduced under the terms and conditions of the Click-Use Licence.

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Accounts receivable Prime costs ASIC Walking Possession
Barter Revenue Trader Malum in se Estate
Assurance Consideration BZIP2 Nemo dat quod non habet
Variable Rate Loan Free Circulation Order of committal Abort fee
Value added tax (VAT) Balancing Charge Dominium HMSO
Media kit Idem Woody Tangible Assets
Common Position - EU In camera Book value Minutes
Trade Margin Utter Alimony FOTRA
Write off European Court of Justice Stet Testatrix
Employment contracts Colon - Costa Won Offshore funds

Term created / updated 2007-01-19 16:01:38

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