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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PERT chart Primary legislation Acquirer
Dumping Gaming Duty N121 Civil Court form
Paradigm shift Customs Duties Core Competencies
Stateful Inspection Charge Cards JIT
Business Class Nominal Damages Backdoor
Conversion Costs Wealth management Intrastat
Dependency Forfeiture Residential property
Adhocracy Free Circulation Buy back
IOU Quantize Bank Wire
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Encryption - Philanthropy Memorandum of Understanding
CFO Womb to Tomb Ceteris paribus
MasterCard N265 Civil Court form Capped Rate

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

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