Business Terms and Jargon Explained

What is Spoilage

This is raw materials or resources that are not used or are unproductive by wastage or is scrap. In the manufacturing process there is always an element of spoilage called normal spoilage. This is part of the cost of production.

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Faucet Overbought FTP
Accounts receivable Redundancy Outside The Scope
Pari passu Ombudsman Capped Rate
Cash Accounting Witness Appropriate systems
XU Independent contractor Entrepreneur
Intra Vire Give as you earn (GAYE) Freight Forwarder
Kroon Interview Hidden Economy
Kiosk Guaranteeing Associations Forwarding Agent
Ex parte Not negotiable SHA224
Registered Design Political equity Consolidated supervision
Par delictum Third Country Billing
Benefits in kind HTML Secus
Undercapitalized Merchant Bank County Court

Term created / updated 2009-07-02 11:11:25

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