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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Darknet Continental Shelf Day Trading
Published Accounts Call Back Pay Agent
Patent Pools Loti Aggregate Demand
MoJ BTI Watering Stock
Testate Money Trail Value added tax (VAT)
Joint liability Nakfa Enterprise Value
PRODCOM Registry Trust Limited Lead time
Remote Access Venire Charge Certificate
Modus Operandi Promotion Debenture
Takeover Double Deflation Afghani
Wanton MBPS Bereaved minor
Bona fide Web design agreement Eurobond
Tax Form - P46 POS United Kingdom

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

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