Business Terms and Jargon Explained

What is Gross

This is the figure before deductions ore charged. This is start figure when you have a net figure. E.g gross income is 100k and tax is 34K.
Gross income is 100k
Net income is 66k

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Management buy in Holding Company Freightage
Assurance XR Ex facie
Ex works Global Accounting The Bar
LAN Annulment Representation order
CTR Offshore funds Force Majeure
Operating profit N316 Civil Court form VCU
Residence REDCENT Brainstorm
Outside The Scope Negative equity Bullet Loan
NIDAC Group Incentive Underwrite
Leu Syli Adjusted earnings
Discretionary Trust Buy-in In pleno
Emolument Deferment Account Sub nomine
PLN Secured creditor Complaints Commissioner to the Bar Council

Term created / updated 2005-09-20 23:05:06

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