Business Terms and Jargon Explained

What is Warranty liability

When warranties are issued with products there is an expectation that some of these warranties will materialise. As a percentage of the warranties issued will require repairs or replacements, a fund will have to be set aside to cater for this expense. It is considered to be a contingent liability that is both probable and an estimated can be calculated.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Search Term   

Tax Form - P138S EMEAI Mortgage Offer
Change Control Pleadings Negligible Value
Business Week CMS Credit
Cognition Peel the onion Bimonthly
Acquisition Stagger Double Deflation
Actuary Ground rent Profit and Loss Responsibility
Labour War Chest Paying Agent
Lobbyist Title E.C.B
Beneficial loan Affirmation Charge Certificate
Confiscation order European Sales Lists Sale and Leaseback
Justice of the peace E-Zine Author
Interpreter N379 Civil Court form Keystroke logger
Money Trail Installment Bubble

Term created / updated 2009-03-19 11:53:36

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.