Business Terms and Jargon Explained

What is Gaap

Abbreviation for generally accepted accounting practices. These are accepted by the accounting industry and the tax office.

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Appreciation Obiter dictum Penetration Pricing
Pari passu Tort Crawler
Associated companies Voluntary Liquidation Prima facie
Payee Complaint Past Service
Golden Handcuffs Remote Access In esse
House Organ Togrog Assumption
Customs Release Official Receiver Direct Costs
Golden Parachute Smart Card Corporate Strategy
Unlawful Ex-Works Oligopoly
Hardware Keyman / keywoman insurance HMAC
NES Team player Kina
Quality circles Drawback N92 Civil Court form
Equity Release EDIFACT Bona fide

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

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