Business Terms and Jargon Explained

What is Barrel

Oil is sold between countries in quantities called barrels. A barrel provides a volume measurement of crude oil. A barrel equals 42 gallons (USA), or about 35 gallons (Imperial) or 159 litres.

Crown Copyright. Material taken from National Statistics website: www.statistics.gov.uk. Reproduced under the terms and conditions of the Click-Use Licence.

<- 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   

Current Liability CPU European Court of Justice
Loading List Nontrade receivables Capital intensity
Line Manager Price Elasticity of Demand Surplus
Consensus Waiver Your Honour
Solvency Notice board terms of use Unanimous verdict
P11D FOTRA Overwrite Procedure
Exempt Input Tax Barrister N162 Civil Court form
Business Impact Letter of request Tax Accounting
Proof of Concept Vendors Astute
Continental Shelf Plaintiff BotNet
Paradigm shift Market Research Credit Application Form
Subsidiary Joint Tenants Publici juris
Vertically integrated Blocked Input Tax Data breach

Term created / updated 2007-01-19 00:22:46

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.