Business Terms and Jargon Explained

What is Production

Production is an activity, carried out under the responsibility, control and management of an institutional unit, which uses inputs of labour, capital, goods and services to produce outputs of goods and services.

Crown Copyright. Material taken from National Statistics website: Reproduced under the terms and conditions of the Click-Use Licence.

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Prospecting Capital Goods Scheme Business Angel
Ex works Official Solicitor committal
Judgement Discount received Ipsissima verba
Interpreter Demilitarised Zone - DMZ Price gouging
Alib Mutual Linking Agreement Uuencode
Endogenous Convergence Deed Board of Directors
Fixed Cost Conversion Costs N20 Civil Court form
AGM Cash Flow Living Wage
Usury Overrule Earning asset
Adjusted earnings DNO Lawyer
Representation order EMEA Home Working
Magistrates court SHA512 Net Book Value
Business Expenses N316 Civil Court form N210 Civil Court form

Term created / updated 2007-01-19 16:01:38

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