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   

Affiliate adeem Kerning
OEIC Jus JIT
Grant of probate Ex concessis Transfer Deed
Counsel Materiality Coin of the realm
Cestui que trust PayPoint Residual Input Tax
Default Surcharge Homogeneity N266 Civil Court form
Value added tax (VAT) Conditional Sale Ipsissima verba
Testimony Leu Forward Rate
Sale and Leaseback E-Zine Blind Testing
Company Logo County Court Judgement Enterprise Value
Treeware Grant caeterorum Export
Shares Independent contractor CAM
Purchasing economies Pre-Registration Expenses Government securities

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.