Business Terms and Jargon Explained

What is Profit

Is the amount raised through sales less costs. Gross profit is sales less direct costs. Net profit is sales less all costs. The sales value does not include vat.

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Real Underwrite Keelage
Insider Threat Information Commissioner Case
Asset stripper Privileged Will Litigation
QUANGO Fiat money Som
Tax Avoidance Performers Rights In extenso
Quasi-corporations Variable costs Lump Sum Distribution
Magic bullet Lobbyist Arrears
Avatar Crown Copyright Waiver Trustee
Oligopoly Accounting reference date Market Based Pricing
REDCENT Dumping Gold Standard
Business case Trade Creditors N9C Civil Court form
Functionality OHIM NASDAQ
Credit-Worthiness Baseline Security Overseas company

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

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