Business Terms and Jargon Explained

What is Carat

Used to measure the purity of gold. Pure gold is 24 carats. A lower number indicates a lower percentage of purity e.g. 18 carat is 18/24 or 18 parts gold to 6 parts base metal.

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Defragmentation Accrual Accounting Landlord Reference
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Term created / updated 2005-07-16 23:12:15

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