Business Terms and Jargon Explained

What is Shrinkage

This is loss of goods through shoplifting and other types of stealing within a business. This should be a very small amount and management strives to reduce this to zero. In some industry e.g. retail, it is realistic in large operations to cater for a very small percentage.

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Interest rate risk Published Accounts Keyman / keywoman insurance
NAS Womb to Tomb Tenant
Constraints Restrictions Lawyer Bankruptcy
Historical Cost Corporate Officers HTH
WIP Qualifying revolvers INGO
Subscribers Constrained Discretion Tender
Deliverable End Charge Cards Pre-Finance Goods
Marketing Mix Law Lord Political equity
Contra Sub nomine Public Sector
Average Total Cost (ATC) Internet Protocol Security - IPsec Ethernet
Commodity Code VIES Visible Trade
Product Market Flexibility Office Of Export Warrant of distress
Decree Absolute Bridge loan - (bridging loan) Cost Unit

Term created / updated 2006-11-01 23:40:30

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