Business Terms and Jargon Explained

What is Balance Sheet

A statement giving a business's financial position at the end of a period, usually a year. A summary list of the assets and liabilities (fixed, long term and current).

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Retained earnings Export Shop Trade secret
Surplus Estate Lead time
Enterprise Unfranked Receipts Supply Of Services
Summary Judgment Warrant of detention MD4
CMS Excise Duty N322A Civil Court form
Deferred sentence Bank Reconciliation Public Sector
VLO Import Duty Boil the ocean
Umbrella Fund Next of kin Prudent
Take offline BZIP2 Perquisite (perk)
Non constat Raw Materials Financial equity
Utilities Company Recycle Demilitarised Zone - DMZ
Unpaid dividend Mission statement Office Of Exit
Pay Back Period Easement Entitled Destinations

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

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