Business Terms and Jargon Explained

What is Net income

This is a persons, companies or organisations total revenue less total costs giving the net profit or net income. This formula is used to determine the profit or loss up to a given period of time. Remember incomes is just sales and money coming in and does not give an indication of profitability.

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E-Zine 7Z Business Impact
Gross Estate Contingent Discount Fixed Assets
Annual exemption Bad Debt Relief Operational risk
White-collar worker HMAC On Consignment
Adjourn Tenant Tax Form - P45
Taxation of costs Political Risk County Court Judgement
Golden Parachute Financial Constraints Actuary
Re Forfeiture Zar
Mitigating Circumstances European Central Bank - ECB CMS
Default Interest Tax Accounting Legal tender
Industrial Tax Exemption Demilitarised Zone - DMZ Warrant of detention
Nemo dat quod non habet Non-deductible VAT Taxing authority
Just in Time (JIT) BTI Unicameral

Term created / updated 2020-01-30 14:08:31

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