Business Terms and Jargon Explained

What is Deficit

This is where expenditure exceeds revenue. If an organisation receives 1,000,000 and pays out 1,500,000 then there is a deficit of half a million.

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Plaintiff WYSIWYG N5 Civil Court form
Exchange Rate Independent Complaints Reviewer Cost per Thousand
Residual Input Tax Domicile Customs Duties
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Disciplinary procedure Primary legislation Unconscionable

Term created / updated 2005-09-27 23:48:37

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