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   

Regressive Tax Living Wage Injunction
Executrix-nominate Re Grant caeterorum
MD5 Oligopoly Deflation
Prosumer Redundancy Forwarding Agent
Assumption mutatis mutandis Subsidiary
Acquirer Bots F2F
Contra Call Back Pay Freight Forwarder
Bereaved minor Certified Documents Vertical integration
REDCENT Junk bonds Earned income
UK Intellectual Property Office Memorandum of Understanding Pro tanto
Ipsissima verba Golden Rule B2B
NVR Alimony Annuity
Boil the ocean Divisional Court Ademption

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 © 2004-2019 Scopulus Limited. All rights reserved.