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   

Maturity Capital expenditure Nominal wage flexibility
Procedure QR code Rand
Res gestae Trade Creditors WIP
Jus naturale Ombudsman Bolivar
Treeware Guardianship order Bereaved minor
Rights Issues Bail Bespoke
Contingent liabilities VOIP ROI
Local Justice Area N316A Civil Court form Depression
Diplomat Colon - Costa Cost Unit
Qualification period Tenancy agreement Restricted Goods
SMTP Adjourn SaaS
BitPay Capital Goods Scheme Corporate Strategy
Reentry JCO Management buy in

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 © 2004-2021 Scopulus Limited. All rights reserved.