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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Podcast QROPS Umbrella Fund
Browser DLL Excise Duty
Diversification Bank of England Average Total Cost (ATC)
Cash Flow Forecast Drawings Excise Warehouse
Contributions Agency EDIFACT White Label
Value added tax (VAT) Royal Mint Adversarial
SIPP Merchant Bank THX
Real Dubitante Verdict
Pension Contributions Dividend cover Taxing Master
N316 Civil Court form Sanction Administrator
Authorised Operator Charging Order OEIC
Budget account N325 Civil Court form Carriage cost
Revenue Trader JCO Bonded Warehouse

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

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