Business Terms and Jargon Explained

What is Discount received

This is discounts given to a business on purchases by suppliers. It is add to gross profits in the profit and loss account.

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Exceptions Occurrences Forced Acquisition Receiver
Quantum of damages Internal Control Holding Companies
Capsizing Affiliate Uno flatu
Accruals Basis MasterCard Confirmation of Verbal Agreement
Variance Third Country Puisne Judge
Arrears Buy-out Anti-virus software
Easy mark Kangaroos Take Out
Price Transparency OEIC Hire purchase
Security for Loans Functional Fexibility N336 Civil Court form
Order of committal Cache Writ of venire de novo
Bad debt Naira Witness
Fleur de Coin EMEA Product Market Flexibility
Taka Payment terms Yankee

Term created / updated 2009-06-26 16:21:43

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.

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