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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Ward of Court Equity Release BACS
Banking book Dollar voting Algorithm
Bank Transfer Automatic trade Take Out
EX550 Civil Court form Input Tax Orse
Ransomware Advantages of Revenue Bona fide
ADSL Fiat money Base Rate
N242A Civil Court form Overseas company Exhibit
Real Exchange Rate Intellectual property Warrant of commitment
General Partner Tynwald Variable costs
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Decode Market equilibrium Guarantor
Beneficial Owner Over Trading Deductible VAT
Customs Duty Berne Convention Bill of indictment

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

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