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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Euromarkets Consumer Customer
Unearned income Tugrik Loti
Zip Code Passing off Writ of Execution
IDE Entitled Vessel Tax Avoidance
Crowding Out SEMEA IDD
Gross Pay BZIP2 REDS
Assumption AIUI Simple Interest
Exceptions Occurrences Just in Time (JIT) Above-board
Equity Sweat equity ICO
Federal Reserve Real Administration order
Company Law Big Four Chief Rent
Critical Success Factors End Use Functional Fexibility
Taxation of costs Yen Gatekeeper

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

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