Business Terms and Jargon Explained

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

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   

Internet and email usage policy Kelvin N161 Civil Court form
Copyright Tribunal Marginal Cost Pricing Patentability
adeem Non-Resident N5 Civil Court form
Transfer Deed Manufacturing cell Yearling
Diversification Deferment Trader Class Licence
Birr Executrix Landlord Reference
IDD Log file Tax Form - CT600
Devils Advocate Joint liability KMC
Lessee Income Protection Policy Vertically integrated
Productivity Will Annual exemption
Land Registry Fee ICO Guarani
Supply VAT Job-ready Routing
Logical Bomb Re-Enlistment Bonus Pension Contributions

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.