Business Terms and Jargon Explained

What is Bad debt

This is where a debtor in the balance sheet does not pay an outstanding debt and it is foreseeable that they will never pay. The sum seems non-recoverable and is written off as an expense in the profit and loss account.

<- 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   

Contingency UK Business Registration Walking Possession
Loti Agent Pegging
Volume discount Ex concessis Forfeiture
Jobber Quoted company LAN
Money Transfer Abroad SHA384 N445 Civil Court form
Pessimist Perquisite (perk) Keyman / keywoman insurance
Foreign position Up Current Relative Cost
Net Pay Web hosting agreement Autoresponder
Chargeable Value Declaration Date GTC
Per diem Writ Fiscal Flexibility
Conglomerate Privileged Will N92 Civil Court form
Share Capital Company Car N119 Civil Court form
Modus Operandi Donee N20 Civil Court form

Term created / updated 2005-07-16 23:12:15

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 © 2004-2020 Scopulus Limited. All rights reserved.