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   

Hryvnia Contribution Bonded Goods
Lessee Objective Net worth
Net Book Value Regulations - EU Independent Review Service
Domicile Quality circles CAPEX
Kelvin Crypto-jacking Bona fide
Privilege Accounts receivable Paanga
Direct Costs Refinance Podcast
Floatation N316A Civil Court form Closure Formal
Ogden tables Magnum opus Perjury
Colon - Costa Tugrik Aggravating
Tentative Trust Jus Variable Rate Loan
Aliunde N323 Civil Court form Coin of the realm
Know your client Dependency Umbrella Fund

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.